TITLE II

PAYMENT SERVICE PROVIDERS
CHAPTER 1

Payment institutions
Section 3

Competent authorities and supervision

Exchange of information
Article 24
1
The competent authorities of the different Member States shall cooperate with each other and, where appropriate, with the European Central Bank and the national central banks of the Member States and other relevant competent authorities designated under Community or national legislation applicable to payment service providers.
2
Member States shall, in addition, allow the exchange of information between their competent authorities and the following:
a
the competent authorities of other Member States responsible for the authorisation and supervision of payment institutions;
b
the European Central Bank and the national central banks of Member States, in their capacity as monetary and oversight authorities, and, where appropriate, other public authorities responsible for overseeing payment and settlement systems;
c
other relevant authorities designated under this Directive, Directive 95/46/EC, Directive 2005/60/EC and other Community legislation applicable to payment service providers, such as legislation applicable to the protection of individuals with regard to the processing of personal data as well as money laundering and terrorist financing.