Article 16Cooperation F1...
1.
F2...
F3The GB Authority and the NI Authority must cooperate with each other, and may, if they consider it expedient to do so, cooperate with the Agency and national regulatory authorities of member States, for the purpose of carrying out their duties in accordance with this Regulation.
F4The national regulatory authority, the FCA and the CMA may establish appropriate forms of cooperation in order to ensure effective and efficient investigation and enforcement and to contribute to a coherent and consistent approach to investigation, judicial proceedings and to the enforcement of this Regulation and relevant financial and competition law.
2.
F5...
Where F6the national regulatory authority suspects that acts which affect wholesale energy markets or the price of wholesale energy products in F7the United Kingdom are being carried out in F8a member State, it may request the Agency to take action in accordance with paragraph 4 of this Article F9(as it applies in EU law) and, if the acts affect F10relevant financial instruments, in accordance with paragraph 3 of this Article F9(as it applies in EU law).
3.
In order to ensure a coordinated and consistent approach to market abuse on wholesale energy markets:
(a)
F11the national regulatory authority must inform the FCA where it has reasonable grounds to suspect that acts are being, or have been, carried out on wholesale energy markets which constitute market abuse within the meaning of F12the Market Abuse Regulation and which affect relevant financial instruments;
F13(b)
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F14(c)
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(d)
F15the national regulatory authority must inform the CMA where it has reasonable grounds to suspect that acts are being, or have been, carried out on wholesale energy market which are likely to constitute a breach of competition law.
F164.
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F165.
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F166.
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