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Article 1 - Delegated Regulation 2025/420

Article 1

Tasks of the members of the joint examination team

1.   The members of the joint examination team shall perform their tasks under the coordination of the Lead Overseer coordinator. Those tasks shall include the ongoing support of the activities carried out by the Lead Overseer and the execution of specific tasks. Those tasks shall be:

(a)

assist the Lead Overseer in the preparation and drafting of the individual annual oversight plan referred to in Article 33(4) of Regulation (EU) 2022/2554;

(b)

assist the Lead Overseer in performing the assessment referred to in Article 33(2) of Regulation (EU) 2022/2554;

(c)

assess the information obtained by the Lead Overseer from the critical ICT third-party service provider under Article 37 of Regulation (EU) 2022/2554 and Chapter II of Commission Delegated Regulation (EU) 2025/295 (7);

(d)

conduct general investigations on the critical ICT third-party service providers referred to in Article 38 of Regulation (EU) 2022/2554;

(e)

conduct the inspections referred to in Article 39(1) of Regulation (EU) 2022/2554;

(f)

draft the recommendations referred to in Article 35(1), point (d), of Regulation (EU) 2022/2554;

(g)

assess the remediation plan and the progress reports referred to in Article 4 of Delegated Regulation (EU) 2025/295;

(h)

prepare and draft the requests and decisions referred to in Article 35(6), Article 37(1), Article 38(4), and Article 39(6) of Regulation (EU) 2022/2554;

(i)

assist the Lead Overseer in its contribution to horizontal oversight activities, including in the development of the comprehensive benchmarks referred to in Article 32(3) of Regulation (EU) 2022/2554;

(j)

ensure that the relevant information relating to financial entities making use of the services provided by critical ICT third-party service providers are shared with the Lead Overseer;

(k)

assist the Lead Overseer in unplanned ad hoc activities deemed necessary by the Lead Overseer for the purpose of oversight.

2.   Where the Lead Overseer significantly revises the individual annual oversight plan during the year, the Lead Overseer shall involve the members of the joint examination team in the execution of the individual annual oversight plan and in the revision of that.


(7)  Commission Delegated Regulation (EU) 2025/295 of 24 October 2024 supplementing Regulation (EU) 2022/2554 of the European Parliament and of the Council with regard to regulatory technical standards on harmonisation of conditions enabling the conduct of the oversight activities (OJ L, 2025/295, 13.2.2025, ELI: http://data.europa.eu/eli/reg_del/2025/295/oj).