Recital 79

(79)The Authority should establish cooperative relations with the relevant Union bodies, offices and agencies, including Europol, Eurojust, the EPPO and the ESAs. To improve cross-sectoral supervision and promote better cooperation between prudential and AML/CFT supervisors, the Authority should also establish cooperative relations with the authorities competent for prudential supervision of obliged entities in the financial sector, including the ECB with regard to matters relating to the tasks conferred on it by Council Regulation (EU) No 1024/2013 ²⁰ , as well as with resolution authorities as defined in Article 3 of Directive 2014/59/EU of the European Parliament and the Council ²¹ , designated authorities as defined in Article 2(1), point (18), of Directive 2014/49/EU of the European Parliament and the Council ²² and competent authorities as defined in Article 3(1), point (35), of Regulation (EU) 2023/1114 of the European Parliament and of the Council ²³ . To that end, the Authority should be able to conclude agreements or memoranda of understanding with such bodies, including with regard to any information exchange which is necessary for the fulfilment of the respective tasks of the Authority and those bodies. The Authority should make best efforts to share information with such bodies on their request, within the limits posed by legal constraints, including data protection legislation. In addition, the Authority should enable effective information exchange between all financial supervisors in the AML/CFT supervisory system and the aforementioned authorities and such cooperation and information exchanges should take place in a structured and efficient way.