Article 27 Cooperation among competent authorities

This is a notably brief article that serves a purely connective function.

It does not create new obligations of its own, but instead anchors the information-sharing framework of this Regulation to the existing rules established under Directive (EU) 2015/849 (the Anti-Money Laundering Directive).

In essence, whenever competent authorities exchange information with each other or with relevant authorities outside the EU under this Regulation, the rules governing how that exchange takes place are those already set out in the AML Directive.

Important points:

• Competent authorities exchanging information under this Regulation must do so in accordance with Directive (EU) 2015/849.
• This applies to exchanges both among competent authorities within the EU and with relevant third-country authorities.
• The article creates no standalone information-sharing rules, it defers entirely to the AML Directive framework.