4. A competent authority may request assistance from the competent authority of another Member State with regard to on-site inspections or investigations.
A requesting competent authority shall inform ESMA of any request referred to in the first subparagraph. Where a competent authority receives a request from a competent authority of another Member State to carry out an on-site inspection or an investigation, it may take any of the following actions:
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(a)
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carry out the on-site inspection or investigation itself;
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(b)
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allow the competent authority which submitted the request to participate in an on-site inspection or investigation;
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(c)
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allow the competent authority which submitted the request to carry out the on-site inspection or investigation itself;
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(d)
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appoint auditors or experts to carry out the on-site inspection or investigation;
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(e)
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share specific tasks related to supervisory activities with the other competent authorities.
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