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Chapter VII – Competent authorities (Art. 46-56)

Art. 46 DORA - Competent authorities arrow_right_alt

Art. 47 DORA - Cooperation with structures and authorities established by Directive (EU) 2022/2555 arrow_right_alt

  1. To foster cooperation and enable supervisory exchanges between the competent authorities designated under this Regulation and the Cooperation Group established by Article 14 of Directive (EU) 2022/2555, the ESAs and the competent authorities may participate in the activities of the Cooperation Group for matters that concern their supervisory activities in relation to financial entities. The ESAs and the competent authorities may request to be invited to participate in the activities of the Cooperation Group for matters in relation to essential or important entities subject to Directive (EU) 2022/2555 that have also been designated as critical ICT third-party service providers pursuant to Article 31 of this Regulation.
  2. Where appropriate, competent authorities may consult and share information with the single points of contact and the CSIRTs designated or established in accordance with Directive (EU) 2022/2555.
  3. Where appropriate, competent authorities may request any relevant technical advice and assistance from the competent authorities designated or established in accordance with Directive (EU) 2022/2555 and establish cooperation arrangements to allow effective and fast-response coordination mechanisms to be set up.
  4. The arrangements referred to in paragraph 3 of this Article may, inter alia, specify the procedures for the coordination of supervisory and oversight activities in relation to essential or important entities subject to Directive (EU) 2022/2555 that have been designated as critical ICT third-party service providers pursuant to Article 31 of this Regulation, including for the conduct, in accordance with national law, of investigations and on-site inspections, as well as for mechanisms for the exchange of information between the competent authorities under this Regulation and the competent authorities designated or established in accordance with that Directive which includes access to information requested by the latter authorities.
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  • 95

Recital 95

To leverage the specific competences, technical skills and expertise of staff specialising in operational and ICT risk within the competent authorities, the three ESAs and, on a voluntary basis, the competent authorities under Directive (EU) 2022/2555, the Lead Overseer should draw on national supervisory capabilities and knowledge and set up dedicated examination teams for each critical ICT third-party service provider, pooling multidisciplinary teams in support of the preparation and execution of oversight activities, including general investigations and inspections of critical ICT third-party service providers, as well as for any necessary follow-up thereto.

Art. 48 DORA - Cooperation between authorities arrow_right_alt

Art. 49 DORA - Financial cross-sector exercises, communication and cooperation arrow_right_alt

Art. 50 DORA - Administrative penalties and remedial measures arrow_right_alt

Art. 51 DORA - Exercise of the power to impose administrative penalties and remedial measures arrow_right_alt

Art. 52 DORA - Criminal penalties arrow_right_alt

Art. 53 DORA - Notification duties arrow_right_alt

Art. 54 DORA - Publication of administrative penalties arrow_right_alt

Art. 55 DORA - Professional secrecy arrow_right_alt

Art. 56 DORA - Data Protection arrow_right_alt