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Article 6 Preparation phase

Closed
4 March 2024

1. The financial entity shall submit the initiation documents to the TLPT authority within three months from having received a notification from the TLPT authority that a TLPT shall be carried out. The initiation documents shall consist of all of the following:

a. a project charter including a high-level project plan, containing the information set out in Annex I;

b. the contact details of the control team lead;

c. information on intended use of internal or external testers or both, where relevant as detailed in Article 13;

d. information on the communication channels to be used during the TLPT;

e. the code name for the TLPT.

2. The TLPT authority shall assess and validate the initiation documents of the financial entity.

3. Following the validation of the initiation documents by the TLPT authority, the financial entity shall set up a control team that shall support the control team lead in its tasks of:

a. defining communications channels and processes within the control team, with th

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