On 11 October 2021, there was published in the Official Journal of the EU (OJ) Commission Delegated Regulation (EU) 2021/1783 of 2 July 2021 supplementing the Market Abuse Regulation (MAR) with regard to regulatory technical standards (RTS) containing a template document for cooperation arrangements with third countries.
Article 26(1) of MAR requires the competent authorities of Member States where necessary to conclude cooperation arrangements with supervisory authorities of third countries concerning the exchange of information and the enforcement of obligations arising under that Regulation in third countries. In concluding new cooperation arrangements and updating existing cooperation arrangements with third-country authorities, the competent authorities where possible are to use the template document adopted pursuant to Article 26 of MAR.
The Annex to the Delegated Regulation sets out the requirements for the template document: introduction; definitions; content of the assistance to be provided; general provisions – denial of assistance; sending and processing requests for assistance; permissible uses of information; confidentiality restrictions; general provisions – identification of a contact point; general provisions – revision clause; and other provisions – miscellaneous.
The Delegated Regulation enters into force on 31 October 2021.