The Authority may develop contacts and enter into administrative arrangements with regulatory and supervisory authorities, international organisations and third‑country administrations, provided such arrangements do not create legal obligations for the Union or prevent Member States concluding bilateral or multilateral arrangements. It shall not conclude administrative arrangements with authorities of third countries listed by a delegated act under Article 9 of Directive (EU) 2015/849 as having strategic AML/CFT deficiencies, though other cooperation to reduce threats is permitted. The Authority shall assist the Commission on equivalence decisions when requested or required and shall monitor regulatory, supervisory and market developments in equivalent third countries, verifying continued fulfilment of equivalence criteria and conditions and reporting confidentially to the European Parliament, Council, Commission, the European Banking Authority and the European Insurance and Occupational Pensions Authority.

The Authority may liaise with third‑country authorities and, subject to the restrictions above, cooperate principally via administrative arrangements that include mechanisms to obtain relevant information and procedures for coordinated supervisory activity, including on‑site inspections. It must inform the Commission where a third‑country authority refuses to conclude arrangements or to cooperate effectively. The Authority may develop model administrative arrangements for consistent supervisory practices, and shall include information on arrangements, assistance on equivalence decisions and monitoring in the report referred to in Article 43(5). Within its powers, the Authority shall contribute to a united, common, consistent and effective representation of the Union’s interests in international fora.