Regulation on a template document for cooperation arrangements between competent authorities and supervisory authorities of third countries

This procedure sets out the template for cooperation agreements between EU financial authorities and their counterparts in non-EU countries. It aims to ensure smooth information exchange and collaboration in supervising financial markets and services, especially concerning digital finance.

This will affect financial institutions operating internationally and the authorities overseeing them. It standardizes how different bodies work together to maintain financial stability and market integrity across borders.