Regulatory Alerts2024-07-17
Final Report on draft RTS on the harmonisation of conditions enabling the conduct of the oversight activities
The European Supervisory Authorities issued this final report to submit draft regulatory technical standards to the European Commission for adoption regarding the oversight of critical ICT third-party service providers under DORA. The standards specify the criteria for determining the composition, designation, tasks, and working arrangements of joint examination teams to ensure balanced participation from ESAs and competent authorities. These rules aim to enhance the efficiency and effectiveness of daily oversight activities by defining staffing needs, expertise requirements, and cost reimbursement procedures for the supervisory community.
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