+Article 40 2.

Article 40 2.

The Commission may consider the organisational and business conduct framework of a third country to have equivalent effect to the requirements of this Regulation where, within that framework, entities providing external review services are subject to the following:

(a) 

registration or authorisation and effective supervision and enforcement on an ongoing basis;

(b) 

adequate organisational requirements in the area of internal control functions;

(c) 

appropriate conduct of business rules.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards