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Feed/DEA2024/3006(DEA)Finance & Budget

RTS: Composition and tasks of joint examination teams (Reg 2022/2554)

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 20mo ago
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This procedure sets out technical standards for joint teams that will oversee financial services. These teams will ensure a balanced representation from European Supervisory Authorities and national authorities, aiming for effective and coordinated supervision in the digital age.

The rules will affect financial institutions and their supervisors. They specify how these joint teams will be formed, their responsibilities, and how they will operate, impacting the oversight of digital financial services and market integrity.