Source: OJ L, 2024/1505, 30.5.2024Current language: EN
- Digital operational resilience in the financial sector
Oversight framework
- Oversight fees
Article 1 Estimation of the expenditures of the Lead Overseers when performing their oversight duties
In each year, the Lead Overseer and the other European Supervisory Authorities shall estimate the overall annual costs that are expected to be incurred for the performance of their oversight duties. The amount of the overall annual costs estimated shall be the basis for determining the overall amount of oversight fees charged.
When estimating the annual overall costs, the Lead Overseer shall take into account the following direct and indirect costs:
costs related to the designation of ICT third-party service providers as critical;
costs related to the appointment of the Lead Overseer;
costs related to the actual oversight of critical ICT third-party service providers, including the following:
costs related to the work carried out by the joint examination team;
costs of advice provided by independent experts;
costs related to the follow-up of the recommendations issued by the Lead Overseers in accordance with Article 35(1), point (d), of Regulation (EU) 2022/2554;
costs related to the governance of the oversight framework.
Relevant recitals
Recital 1 Annual oversight fee
An annual oversight fee should be established to fully cover the Lead Overseer’s and the other European Supervisory Authorities’ necessary expenditure when performing oversight tasks in the context of Regulation (EU) 2022/2554. The annual oversight fee should also cover the estimated costs by competent authorities to whom tasks are delegated by the European Supervisory Authorities.
Recital 2 Principles of annuality and full cost recovery
In line with the principle of annuality and the principle of full cost recovery, the annual oversight fees should be calculated on the basis of the direct and indirect costs estimated by the ESAs to perform their oversight tasks. The annual oversight fees should be adjusted every year to match the estimated costs.
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