1. 1.Where Wherea SIPS operator has not complied with this Regulation or where there are reasonable grounds for suspecting that a SIPS operator has not complied with this Regulation, the competent authority shall:
(a)((a)) informgive written notice to the SIPS operator of the nature of the non-compliance or suspected non-compliance; and
(b)((b)) providegive the SIPS operator the opportunity to be heard and to provide explanations.
2. 2.Taking Basedinto onaccount the information provided by the SIPS operator, the competent authority may instructimpose corrective measures on the SIPS operator to implement specific corrective measures in order to remedy the non-compliance and/or avoid repeating it.
3. 3. The competent authority may impose corrective measures immediately whereif it identifies, with a reasoned opinion,finds that the case of non-compliance is serious enough to require immediate action. It shall provide reasons for its decision.
4. 4. TheA competent authority other than the ECB shall immediately inform the ECB of anyits intention to impose corrective measures imposed on a SIPS operator.operator without undue delay.
5. 5. Corrective measures may be imposed independentindependently of or in parallel withto sanctions inimposed accordance withunder Council Regulation (EC) No 2532/98 of( 237 November 1998 concerning the powers of the European Central Bank to impose sanctions (^{6}).).
6.The ECB shall adopt a decision on the procedure to be followed if corrective measures are imposed.