The Authority will be a newly-created decentralised agency of the Union, funded partly from the EU budget and partly from fees levied from obliged entities that will be directly or indirectly supervised by the Authority. The methodology for selection of the entities subject to fees, and for the determination of the fees themselves, will be laid down in a Commission Delegated Act.
The necessary human and budgetary resources of the Authority are determined by its tasks. Apart from central administration and management tasks, these fall into three main categories:
i. direct supervision of certain selected financial sector obliged entities;
ii. indirect supervision of both financial sector and non-financial sector obliged entities through oversight of supervisors or self-regulatory bodies; and
iii. a Coordination and Support Mechanism for Financial Intelligence Units of the EU.
When staffed at full operational level, it is envisaged that the staff level of the Authority, all categories of
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