62. Resolution authorities should prepare for the request of external assistance (including …

Resolution authorities should prepare for the request of external assistance (including consultants, legal advisers or auditors) within the sale process or for the delegation of the marketing process. The responsibility falling to the resolution authority should not be delegated, and the resolution authority should have established a process to select and appoint external consultants based on pre-defined criteria under a defined mandate, control them and review their input, ensure absence of conflict of interest and respect of confidentiality. The mandate should clearly define, amongst others, the objectives and deliverables, the expected expertise and resources, the timeline or the fees.

5.1.2 Internal segregation

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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