Oversight fees

To ensure the accuracy of the financial information needed to calculate the applicable turnover, all figures provided by the ICT third-party service providers means an undertaking providing ICT services; should be audited. Considering that information on the applicable turnover is necessary for the Lead Overseer means the European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation; to establish the amount of the oversight fee charged to each critical ICT third-party service provider means an ICT third-party service provider designated as critical in accordance with Article 31; yearly to cover the costs of the oversight, the Lead Overseer means the European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation; should consider the worldwide revenues of ICT third-party service provider means an undertaking providing ICT services; generated irrespective of the types of clients in the case where the critical ICT third-party service provider means an ICT third-party service provider designated as critical in accordance with Article 31; does not provide for tailored information on the revenues generated in the Union from the provision of the ICT services means digital and data services provided through ICT systems to one or more internal or external users on an ongoing basis, including hardware as a service and hardware services which includes the provision of technical support via software or firmware updates by the hardware provider, excluding traditional analogue telephone services; to financial entitiesas defined in Article 2, points (a) to (t).

A minimum annual oversight fee should be imposed on each critical ICT third-party service provider means an ICT third-party service provider designated as critical in accordance with Article 31;, given that certain fixed administrative costs apply for the oversight of all critical ICT third-party service providers means an ICT third-party service provider designated as critical in accordance with Article 31;, irrespective of the amount of turnover accrued.

To cater for the specific costs incurred during the first year of designation and oversight of critical ICT third-party service providers means an ICT third-party service provider designated as critical in accordance with Article 31;, related among others to the designation process and the appointment of the Lead Overseer means the European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation;, a fixed fee should be established. To reflect the costs incurred for the oversight following the designation of the critical ICT third-party service provider means an ICT third-party service provider designated as critical in accordance with Article 31;, this fee should be adjusted to the period of time in that first year during which the critical ICT third-party service provider means an ICT third-party service provider designated as critical in accordance with Article 31; has been designated. It should replace the annual oversight fee for that year.

To cover the additional costs related to the designation of critical ICT third-party service providers means an ICT third-party service provider designated as critical in accordance with Article 31; that voluntary request to be designated as critical in accordance with Article 31(11) of Regulation (EU) 2022/2554, an additional fixed fee should be established. In order to discourage unfounded requests, such additional fixed fee should not be reimbursed if an ICT third-party service provider means an undertaking providing ICT services; withdraws its request during the registration process, nor if the request is rejected.

To ensure the timely payment of oversight fees, those fees should be paid within 30 days from the date of issuance of the Lead Overseer means the European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation;’s debit note. To simplify the fee payment flows, and to ensure ESAsEuropean Supervisory Authority have the necessary funds to carry out their planned supervisory activities, annual oversight fees should be paid in a single instalment during the first four months of the calendar year for which such fees are due by critical ICT third-party service providers means an ICT third-party service provider designated as critical in accordance with Article 31; subject to oversight activities on 1 January of that year or, in the case of critical ICT third-party service providers means an ICT third-party service provider designated as critical in accordance with Article 31; designated throughout that year, at the latest by the end of that year.

All the fees charged should be set at a level such as to avoid a deficit or a significant accumulation of surplus. Where a significant positive or negative budget result becomes recurrent, the level of the fees should be revised,