Recital 26 Cooperation between the TLPT and supervisory authorities

The competent authorities referred to in Article 46 of Regulation (EU) 2022/2554 and TLPT authoritiesmeans any of the following:the single public authority in the financial sector designated in accordance with Article 26(9) of Regulation (EU) 2022/2554;the authority in the financial sector to which the exercise of some or all of the tasks in relation to TLPT is delegated in accordance with Article 26(10) of Regulation (EU) 2022/2554;any of the competent authorities referred to in Article 46 of Regulation (EU) 2022/2554;, where different, should cooperate to incorporate advanced testing by means of TLPT into the existing supervisory processes. In that respect and to share the correct understanding of the TLPT findings and of how they should be interpreted, it is appropriate that, in particular for the test summary report and remediation plans, a close cooperation between test managersmeans staff designated to lead the activities of the TLPT authority for a specific TLPT to monitor compliance with this Regulation; who were involved in the TLPT and the responsible supervisors is established.