Recital 8 Need-to-know, reimbursement and conflicts of interests

Since the oversight tasks involve the processing of confidential information, the Lead Overseer means the European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation; should grant members of the joint examination team access to such information and to the relating IT (including tools, applications and datasets) and non-IT (including policy, procedures and documentation) resources on a need-to-know basis and within the specified scope of their assignments if that is necessary for members of the joint examination team to assist the Lead Overseer means the European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation; in the fulfilment of its statutory functions or tasks. When laying down arrangements between the Lead Overseer means the European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation; and the competent authoritiesas defined in Article 46 to implement this Regulation, consistent with Commission Delegated Regulation (EU) 2024/1505(³)Commission Delegated Regulation (EU) 2024/1505 of 22 February 2024 supplementing Regulation (EU) 2022/2554 of the European Parliament and of the Council by determining the amount of the oversight fees to be charged by the Lead Overseer to critical ICT third-party service providers and the way in which those fees are to be paid (OJ L, 2024/1505, 30.5.2024, ELI: http://data.europa.eu/eli/reg_del/2024/1505/oj)., to ensure the proper financing of the costs associated to the resources provided by the nominating authorities, the Lead Overseer means the European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation; should include in such arrangements a section detailing the procedure of reimbursement of the direct and indirect costs of all nominating authorities involved in the joint examination teams. Furthermore, to ensure a transparent and trustworthy execution of the oversight activities, those arrangements should also ensure that the members of the joint examination teams are free from any conflict of interests while performing their duties.