1. As per Article 10(1) of Regulation (EU) No 1093/2010 (EBA Regulation), of Regulation (EU) No 1094/2010 (EIOPA Regulation) and Regulation (EU) No 1095/2010 (ESMA Regulation), any draft regulatory technical standards developed by the ESAs shall be accompanied by an Impact Assessment (IA) to analyse 'the potential related costs and benefits' of the technical standard.
2. The next paragraphs present the IA of the main policy options included in this Consultation Paper (CP) on the harmonization of conditions enabling the conduct of oversight activities under Article 41(1) points (a), (b) and (d) of Regulation (EU) 2022/2554.
Problem identification
3. Regulation (EU) 2022/2554 (DORA) introduces an oversight framework for the ICT third-party service providers designated as critical according to Article 31(1)(a) of that Regulation. In this context, Article 41(1) points (a), (b) and (d) of the DORA mandates the ESAs to develop draft regulatory technical standards (RTS) to specify:
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