Once the recommendations to a critical ICT third-party service provideran ICT third-party service provider designated as critical in accordance with Article 31 are issued by the Lead Overseerthe European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation, and competent authoritiesas defined in Article 46 have informed the relevant financial entitiesas defined in Article 2, points (a) to (t) of the risks identified in that recommendations, the Lead Overseerthe European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation should monitor and assess the implementation by the critical ICT third-party service provideran ICT third-party service provider designated as critical in accordance with Article 31 of the actions and remedies to comply with the recommendations. Competent authoritiesas defined in Article 46 should monitor and assess the extent to which the financial entitiesas defined in Article 2, points (a) to (t) are exposed to the risks identified in these recommendations. With a view to maintain a level playing field while carrying out their respective tasks, particularly when the risks identified in the recommendations are severe and shared among a large number of financial entitiesas defined in Article 2, points (a) to (t) in multiple Member States, both the competent authoritiesas defined in Article 46 and the Lead Overseerthe European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation should share among each other relevant findings which are necessary for them to carry out their respective tasks. The objective of the information sharing is to ensure that the feedback of the Lead Overseerthe European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation to the critical ICT third-party provider in relation to the actions and remedies the latter is implementing takes into account the impact on the risks of the financial entitiesas defined in Article 2, points (a) to (t), and that the supervisory activities performed by the competent authoritiesas defined in Article 46 are informed by the assessment carried out by the Lead Overseerthe European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation.