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🔗 Back to Summary. 🇫🇷 French Version: 2025R1143_FR.2. Back to Summary of LVL1. Direct link to EUR-LEX.
Article 1 – Information to competent authorities ⬅️ | ➡️ Article 3 – Information on ownership
References LVL1 <=> LVL2
Level 1 reference(s): 2014R0600_EN.27d > 1
Article 2 - Information on the organisation
1.
The programme of operations referred to in 2014 shall include the following:
(a)
information on the organisational structure of the applicant, including an organisational chart and a description of the human, technical, and legal resources allocated to its business activities;
(b)
information on the operational separation policies and procedures to ensure segregation between the APA or ARM and any other activity performed by the applicant;
(c)
information on the compliance policies and procedures of the applicant seeking authorisation to operate an APA or an ARM, including:
(i)
the name of the person or persons responsible for the approval and maintenance of those policies;
(ii)
the arrangements to monitor and enforce the compliance policies and procedures;
(iii)
the measures to be undertaken in the event of a breach which may result in a failure to meet the conditions for initial authorisation;
(iv)
a description of the procedure for reporting to ESMA or, where relevant, the national competent authority any breach which may result in a failure to meet the conditions for initial authorisation;
(d)
a list of all outsourced functions and resources allocated to the control of the outsourced functions.
2.
An applicant seeking authorisation to operate an APA or an ARM pursuant to 2014 offering services other than data reporting services shall describe those services in the organisational chart provided under paragraph 1, point (a).