Recital 5 Composition of JETs

The Lead Overseer means the European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation; should apply a combination of criteria and principles when identifying the number of staff members in each joint examination team and the resulting composition. Given the diverse technological and geographical footprint and the use made by various financial entitiesas defined in Article 2, points (a) to (t) of critical ICT third-party service providers means an ICT third-party service provider designated as critical in accordance with Article 31;, those criteria and principles should take into account the technical nature of the oversight tasks, the different grade of dependency of financial entitiesas defined in Article 2, points (a) to (t) on the services provided by the critical ICT third-party service providers means an ICT third-party service provider designated as critical in accordance with Article 31;, the geographical distribution, the size and the number of financial entitiesas defined in Article 2, points (a) to (t) relying on those services and, where possible, a proportionate cross-sectoral representation. In performing that task, the Lead Overseer means the European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation; should rely on the information provided by the competent authoritiesas defined in Article 46 in the context of the designation of the critical ICT third-party service providers means an ICT third-party service provider designated as critical in accordance with Article 31;, including information needed for all the sub-criteria as laid down in Commission Delegated Regulation (EU) 2024/1502(²)Commission Delegated Regulation (EU) 2024/1502 of 22 February 2024 supplementing Regulation (EU) 2022/2554 of the European Parliament and of the Council by specifying the criteria for the designation of ICT third-party service providers as critical for financial entities (OJ L, 2024/1502, 30.5.2024, ELI: http://data.europa.eu/eli/reg_del/2024/1502/oj). and consider the criticality of the critical ICT third-party service providers means an ICT third-party service provider designated as critical in accordance with Article 31; for the provisioning of specific financial services both at Member State and Union level.