For the purpose of performing its functions at the international level, the Unit shall have the following competences: 1. Exchanging information, both spontaneously and upon request, with counterpart units, regardless of differences in their nature, and with other foreign competent authorities responsible for the suspension or cessation of Transactions suspected of being related to Crime; cooperating in relation to such Transactions, Suspicious Transaction reports, or any other information that the Unit is authorized to obtain or access, directly or indirectly; and exchanging information with Concerned Authorities in the State to facilitate such cooperation. 2. Concluding Memoranda of Understanding to regulate cooperation and the exchange of information with counterpart units and Concerned Authorities, in accordance with the legislation in force in the State. 3. Notifying counterpart units of the results of the use of the information provided and of the analyses conducted on the basis thereof. Such information, including the information referred to in Clause (1) of this Article, shall be used solely for the purposes of combating Crime, and shall not be disclosed to any third party without the consent of the Unit. 4. Following up on developments relating to Crime through relevant regional and international organizations and bodies, and participating in meetings related thereto. 5. Following the requirements of the Egmont Group and attending and participating in its meetings as a member thereof.
Interpretation and application must be checked against the official text and current version.
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