S.L. 9.29 Art. 5Exchange of information with counterpart designated authorities. 9.29 3

(1) The designated authorities may exchange financial information or financial analysis obtained from the Unit, upon request and on a case by case basis, with a designated authority in another Member State, where the financial information or financial analysis is necessary for the prevention, detection and combating of money laundering, associate predicate offences and terrorist financing.

(2) The designated authorities may impose conditions and restrictions on the use of exchanged information as they may determine in order to ensure that the financial information or financial analysis exchanged is used only for the purpose for which it was INVESTIGATION OR PROSECUTION OF CERTAIN [S.L. CRIMINAL OFFENCES

sought or provided.

(3) Any dissemination of financial information or financial analysis obtained by the designated authorities from the FIU of another Member State to any other authority, agency or department or any use of the information for purposes other than those originally approved is subject to the obtaining of prior consent of the FIU providing the information.

(4) The designated authorities shall apply and make use of dedicated secure electronic communications ensuring high level of data security when transmitting requests and responses for exchange of information.