Criteria for the adoption of delegated decisions on outsourcing
Article 11
1
Decisions on the approval of outsourcing of activities by a significant supervised entity shall be taken by means of a delegated decision if one or more of the following criteria is met:
a
the service provider is part of the same group as the significant supervised entity (intragroup outsourcing) and is established in the Union; or
b
the service provider is a supervised entity that is established in the Union and authorised to perform the outsourced services; or
c
the outsourcing concerns non-core support services and the service provider is established in the Union or the European Economic Area.
2
The assessment of outsourcing projects shall be carried out in accordance with the relevant provisions of national law, also taking into consideration any applicable ECB guides and/or national competent authorities' policy stances, guidance or similar acts.