The criteria for assessing whether the compliance function of an external reviewer has the necessary resources and expertise, as referred to in Article 29(2), point (b), of Regulation (EU) 2023/2631, shall be the following:
((a))
the number of persons carrying out the compliance function is suitable for the nature, scale and complexity of the business of the external reviewer;
((b))
the persons carrying out the compliance function collectively possess the necessary skills and experience in risk management, audit, legal, or compliance;
((c))
the compliance function has systems enabling it to:
((i))
monitor and investigate the compliance of the external reviewer;
((ii))
record, report and remediate compliance findings.