Response to consultation on draft Guidelines on the sound management of third-party risk
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Question n. 5 for Public Consultation: Is Annex I, provided as a list of non-exhaustive examples, appropriate and sufficiently clear?
As Italian Banking Association has the Chairmenship of the European Trustee & Depositary Forum (ETDF) fof the second half of 2025 on behalf of the ETDF it suggests reviewing annex I - Non exhaustive list of functions that could be provided by a third-party service provider” and delete both sections “depositary tasks & administration for UCI” and “Securities”.
The ETDF's uploaded file (which substitutes the one previously uploaded) provides the reasons of this suggestion.