12.1 The Lead Overseer should transmit to the competent authorities of the financial entities using the ICT services provided by a critical ICT third-party service provider, the following information:
a. Within 10 working days following the receipt by the Lead Overseer [Article 42(1): Within 60 calendar days of the receipt of the recommendations issued by the Lead Overseer, critical ICT third party service providers shall either notify the Lead Overseer of their intention to follow the recommendations or provide a reasoned explanation for not following such recommendations.]:
• the notification of the critical ICT third-party service provider to follow the recommendations and the remediation plan prepared by the critical ICT third-party service provider;
• the reasoned explanation of the critical ICT third-party service provider for not following the recommendations;
• the reports specifying the actions that have been taken or the remedies that have been implemented by the critic
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