CHAPTER IAUTHORISATION(Article 61(2) of Directive 2014/65/EU)
Article 2Information on the organisation
1.
An applicant seeking authorisation to provide data reporting services shall include in its application for authorisation a programme of operations referred to in Article 61(2) of Directive 2014/65/EU. The programme of operations shall include the following information:
(a)
information on the organisational structure of the applicant, including an organisational chart and a description of the human, technical and legal resources allocated to its business activities;
(b)
information on the compliance policies and procedures of the data reporting services provider, including:
- (i)
the name of the person or persons responsible for the approval and maintenance of those policies;
- (ii)
the arrangements to monitor and enforce the compliance policies and procedures;
- (iii)
the measures to be undertaken in the event of a breach which may result in a failure to meet the conditions for initial authorisation;
- (iv)
a description of the procedure for reporting to the competent authority any breach which may result in a failure to meet the conditions for initial authorisation;
(c)
a list of all outsourced functions and resources allocated to the control of the outsourced functions;
2.
A data reporting services provider offering services other than data reporting services shall describe those services in the organisational chart.