11. The ESAs shall, in agreement with the ECB, develop joint draft regulatory technical standards in accordance with the TIBER-EU framework in order to specify further:
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(a)
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the criteria used for the purpose of the application of paragraph 8, second subparagraph;
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(b)
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the requirements and standards governing the use of internal testers;
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(c)
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the requirements in relation to:
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(i)
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the scope of TLPT referred to in paragraph 2;
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(ii)
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the testing methodology and approach to be followed for each specific phase of the testing process;
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(iii)
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the results, closure and remediation stages of the testing;
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(d)
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the type of supervisory and other relevant cooperation which are needed for the implementation of TLPT, and for the facilitation of mutual recognition of that testing, in the context of financial entities that operate in more than one Member State, to allow an appropriate level of supervisory involvement and a flexible implementation to cater for specificities of financial sub-sectors or local financial markets.
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When developing those draft regulatory technical standards, the ESAs shall give due consideration to any specific feature arising from the distinct nature of activities across different financial services sectors.
The ESAs shall submit those draft regulatory technical standards to the Commission by 17 July 2024.
Power is delegated to the Commission to supplement this Regulation by adopting the regulatory technical standards referred to in the first subparagraph in accordance with Articles 10 to 14 of Regulations (EU) No 1093/2010, (EU) No 1094/2010 and (EU) No 1095/2010.