+Article 43 1.

Article 43 1.

An external reviewer established in the Union registered in accordance with Article 23 may apply to ESMA for an authorisation of an endorsement of the services provided by a third-country external reviewer on an ongoing basis in the Union, provided that the following conditions are fulfilled:

(a) 

the external reviewer has verified and is able to demonstrate to ESMA on an ongoing basis that the provision of services under this Regulation by the third-country external reviewer fulfils requirements which are at least as stringent as the requirements laid down in this Regulation;

(b) 

the external reviewer has the necessary expertise to monitor effectively the activity of the provision of services under this Regulation by the third-country external reviewer and to manage the associated risks;

(c) 

the services of the third-country external reviewer are used for any of the following objective reasons:

(i) 

the specificities of the underlying markets or investments;

(ii) 

the proximity of the third-country external reviewer to third-country markets, issuers or investors;

(iii) 

the expertise of the third-country external reviewer in providing the services of external review or in specific markets or investments.

1. Panoramica

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1.1 Riferimenti

1.2 Requisiti identificati

1.3 Standard correlati

2. Requisiti identificati

Requisiti

3. Standard correlati

Standard