Article 2 Exchange of information and notifications

Cooperation arrangements shall contain at least the following provisions with respect to any information or notifications to be exchanged or provided under the arrangements:

1. (a)

   a provision requiring requests for information to contain at least the information sought by the authority requesting it and brief details describing the subject matter of the request, the purpose for which the information is sought and the relevant laws and regulations applicable to benchmarks activity;

2. (b)

   details of the mechanism or mechanisms by which information and notifications are to be exchanged or provided;

3. (c)

   a provision requiring information and notifications to be exchanged or provided in writing;

4. (d)

   a provision requiring measures to be taken to ensure that any exchange or provision of information takes place in a secure manner;

5. (e)

   a provision requiring information and notifications to be provided promptly and, where applicable, in accordance with the relevant time scale specified in the arrangements;