Common use of Notification practice and procedure Clause in Contracts

Notification practice and procedure. 1. To the extent permitted by the applicable legal framework for each Authority, each Authority intends to notify the other, on a timely basis, of any relevant, material changes in their respective legislative provisions relating to privacy and protection of information. Signed at [location] on [date] in three original copies by the duly authorized representatives. For the Magyar Nemzeti Bank (the Central Bank of Hungary): ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Deputy Governor ………………………………………… Date: For the Bank of England: ▇▇▇ ▇▇▇▇▇, Deputy Governor, Prudential Regulation, Bank of England. For and on behalf of the Bank of England (including in its capacity as the Prudential Regulation Authority) ………………………………………………… Date: For the Financial Conduct Authority: ▇▇▇▇▇▇ ▇▇▇▇▇▇, Chief Executive …………………………………………………… Date: For the purposes of Article 4(8) of the MoU, onward sharing authorities means any of the authorities listed below, when fulfilling the conditions which are set out in Article 2 of this Annex: (a) For the UK: - the Bank of England (including in its capacity as the Prudential Regulatory Authority), - the Financial Conduct Authority, - the Financial Reporting Council, - the Financial Services Compensation Scheme, - the Payment Systems Regulator, and - national authorities or bodies charged with a function set out in Article 2 (3) of this Annex. (b) For the Central Bank of Hungary: - competent authorities as referred to in Article 4 (2) of Regulation 1093/2010; - authorities designated in accordance with Title VII, Chapter 4 of Directive 2013/36/EU; - the EBA, ESMA, EIOPA and the ESRB; - national authorities or bodies charged with a function set out in Article 2 (3) of this Annex.

Notification practice and procedure. 1. To the extent permitted by the applicable legal framework for each Authority, each Authority intends to notify the other, on a timely basis, of any relevant, material changes in their respective legislative provisions relating to privacy and protection of information. Signed at [location] Luxembourg and London on [date] April 2019 in three original copies signed by the duly authorized authorised representatives. For the Magyar Nemzeti Bank (the Central Bank of Hungary): Commission de Surveillance du Secteur Financier ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Deputy Governor Director General Name:………………………………………………… ………………………………………………………… Date: For the Bank of England: England ▇▇▇ ▇▇▇▇▇, Deputy Governor, Prudential Regulation, Bank of England. For and on behalf of the Bank of England (including in its capacity as the Prudential Regulation Authority) ………………Name:………………………………………………… Date: For the Financial Conduct Authority: Authority ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇ Chief Executive …………………………………………………… Date: For the purposes ………… Article 1 List of Article 4(8) of the MoU, onward sharing authorities means any of the authorities listed below, when fulfilling the conditions which are set out in Article 2 of this Annex:authorities (a) For the UK: - the Bank of England (including in its capacity as the Prudential Regulatory Authority)England, - the Financial Conduct Authority, - the Financial Reporting Council, - the Financial Services Compensation Scheme, and - the Payment Systems Regulator, and - national authorities or bodies charged with a function set out in Article 2 (3) of this Annex. (b) For the Central Bank of HungaryCSSF: - The CSSF in its capacities as defined in article 2 of the Law of 23 December 1998 establishing a financial sector supervisory commission ("Commission de surveillance du secteur financier"), including but not limited to its capacities as competent AML/CTF authority, authority in charge of the administration of deposit-guarantee and investor compensation schemes and resolution authority; - Competent authorities as referred to in Article 4 (2) of Regulation 1093/2010, including the ECB for the tasks conferred upon it under the SSM Regulation; - authorities designated in accordance with Title VIIThe Luxembourg central bank (Banque Centrale du Luxembourg, Chapter 4 of Directive 2013/36/EUBcL) ; - The Systemic Risk Committee (Comité du Risque Systémique); the EBA, ESMA, EIOPA and the ESRB; - national authorities or bodies charged with a function set out in Article 2 (3) of this Annex.