[354E Competent authorities under the markets in financial instruments directive: designation and co-operation]
[354E Competent authorities under the markets in financial instruments directive: designation and co-operation]

[(1)     The Treasury must inform the Commission, ESMA and the competent authorities established in EEA States other than the United Kingdom—

(a)     of the identity of the authority (or authorities) for the time being designated by the Treasury under [Article 67.1] of the markets in financial instruments directive (designation of authorities competent to carry out duties under that directive); and

(b)     if more than one authority is designated, of the division of responsibilities between them.

(2)     The Treasury must inform the Commission, ESMA and EEA States other than the United Kingdom of the identity of the authority for the time being designated by the Treasury under [Article 79.1] of the markets in financial instruments directive as a contact point for the purposes of that directive (obligation to co-operate with competent authorities of other member States).