Recital 90

Competent authorities and recommendations from the Lead Overseer


Competent authoritiesas defined in Article 46 should duly include the task of verifying substantive compliance with recommendations issued by the Lead Overseerthe European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation in their functions with regard to prudential supervision of financial entitiesas defined in Article 2, points (a) to (t). Competent authoritiesas defined in Article 46 should be able to require financial entitiesas defined in Article 2, points (a) to (t) to take additional measures to address the risks identified in the Lead Overseer’s recommendations, and should, in due course, issue notifications to that effect. Where the Lead Overseerthe European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation addresses recommendations to critical ICT third-party service providersan ICT third-party service provider designated as critical in accordance with Article 31 that are supervised under Directive (EU) 2022/2555, the competent authoritiesas defined in Article 46 should be able, on a voluntary basis and before adopting additional measures, to consult the competent authoritiesas defined in Article 46 under that Directive in order to foster a coordinated approach to dealing with the critical ICT third-party service providersan ICT third-party service provider designated as critical in accordance with Article 31 in question.