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. The competent authorities shall, where possible, conclude cooperation arrangements with supervi
sory authorities of third countries concerning the exchange of information with supervisory authorities of third
countries, the enforcement of obligations arising under this Regulation in third
countries and the taking of similar measures in third
countries by their supervisory authorities to complement measures taken under Chapter V. These cooperation ar
...[+++]rangements shall ensure at least an efficient exchange of information that allows the competent authorities to carry out their duties under this Regulation.