CHAPTER IIICOOPERATION ARRANGEMENTS(Article 24(8) of Regulation (EU) No 909/2014)
Article 8On-site-inspections in the branch
1.
Before carrying out on-site inspections referred to in paragraph 1 of Article 24 of Regulation (EU) No 909/2014, the competent authorities of the home and host Member States shall reach a common understanding on the terms and scope of the on-site inspection, including the following:
(a)
the respective roles and responsibilities;
(b)
the reasons for the on-site inspection.
2.
The competent authorities of the home and host Member States shall inform each other of an on-site inspection of the branch of a CSD in a host Member State in accordance with paragraph 1 using the template set out in Table 2 of Annex III.