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In this act Article 3 of 17

Article 3 — TCT and TLPT Test Managers

Financial servicesLevel 2RTSDORAIn forceOfficial source

3(1)

1.A TLPT authority shall assign the responsibility for coordinating TLPT-related activities to a TCT. A TCT shall be composed of test managers that are assigned to oversee an individual TLPT.

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3(2)

2.For each test, the TLPT authority shall designate a test manager and at least one alternate.

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3(3)

3.The test managers shall monitor whether, and ensure that, the requirements laid down in this Regulation are complied with.

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3(4)

4.The test manager shall communicate the contact details of the TCT to the financial entity through the notification referred to in Article 9(1).

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3(5)

5.The TLPT authority shall participate to all the phases of the TLPT.

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