on-site inspection

Defined in Article 1, Decision (EU) 2019/1349 of the ECB

Definitions over time (1)

1. 25/05/2021 – today applies on 12/11/2026 Article 1, Decision (EU) 2019/1349 of the ECB Scope: Whole act

   ‘on-site inspection’ means an examination taking place at the location of the SIPS operator or at a relevant location related to the activities of a SIPS operator, including at the location of a critical service provider insofar as the contractual arrangements between the SIPS operator and that critical service provider allow for such an inspection, the purpose of which is to provide an in-depth analysis of, amongst other things, business models or governance, different risks and internal control systems;

Used in (54 places in 11 provisions on 12/11/2026)

Decision (EU) 2019/1349 of the ECB (54 in 11)

Recital 7 · Recital 13² · Article 1⁴ · Article 2⁶ · Article 3 · Article 7¹⁵ · Article 8³ · Article 9¹⁴ · Article 10³ · Article 11³ · Article 12²