Digital Finance and Innovation, Guidelines and Technical standards, Joint Committee : Joint Guidelines on the oversight cooperation and information exchange between the ESAs and the compet...

JC/GL/2024/36 06/11/2024 Joint Guidelines on the oversight cooperation and information exchange between the ESAs and the competent authorities under Regulation (EU) 2022/2554 Status of the Guidelines These Guidelines are issued pursuant to Article 16 of Regulation (EU) No 1093/2010 establishing a European Supervisory Authority (European Banking Authority); Regulation (EU) No 1094/2010 establishing a European Supervisory Authority (European Insurance and Occupational Pensions Authority); and Regulation (EU) No 1095/2010 establishing a European Supervisory Authority (European Securities and Markets Authority) (the ESAs’ Regulations)1. The European Supervisory Authorities (ESAs) issue these Guidelines on the basis of Article 32(7) of Regulation (EU) 2022/2554 (“DORA”)2, according to which the ESAs shall issue guidelines on the cooperation between the ESAs and the competent authorities covering: • the detailed procedures and conditions for the allocation and execution of tasks between competent authorities and the ESAs; and • the details on the exchanges of information which are necessary for competent authorities to ensure the follow–up of recommendations addressed to ICT third party service providers to financial entities designated as critical. Reporting requirements In accordance with Article 16(3) of the ESAs’ Regulations, competent authorities shall make every effort to comply with the Guidelines. Competent authorities must notify...