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Recital 32

Recital 32

(32)It is important that the authorities in charge of overseeing the implementation of targeted financial sanctions at national level are informed in a timely manner of any violation of such obligation by selected obliged entities. To that end, the Authority should be able to share such information with the financial supervisor in the relevant Member State and instruct it to convey such information to the national authority responsible for overseeing the implementation of those sanctions.

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