Strategic analysis
Article 43f
1. At the beginning of the verification the verifier shall assess the likely nature, scale and complexity of the verification tasks by carrying out a strategic analysis of all activities relevant to the regulated entity. 2. For the purpose of understanding the activities carried out by the regulated entity, the verifier shall collect and review the information needed to assess that the verification team is sufficiently competent to carry out the verification, to determine that the time allocation indicated in the contract has been set correctly and to ensure that it is able to conduct the necessary risk analysis. The information shall include at least: (a) the information referred to in Article 43e(1); (b) the required materiality level; (c) the information obtained from the verification in previous years, if the verifier is carrying out the verification for the same regulated entity. 3. When reviewing the information referred to in paragraph 1, the verifier shall at least assess the following: (a) the category of the regulated entity as well as the sector activities to which the regulated entity releases the fuels for consumption; (b) the complexity of the fuel supply chain as well as the number and type of fuel consumers; (c) the monitoring plan approved by the competent authority as well as the specifics of the monitoring methodology and scope factor laid down in that monitoring plan, pursuant to Chapter VIIa of Implementing Regulation (EU) 2018/2066; (d) the nature, scale and complexity of the fuel streams as well as the equipment, data sources and processes used to determine the released fuel amounts, the origin and application of calculation factors and other primary data sources; (e) the data flow activities, the control system and the control environment. 4. When carrying out the strategic analysis, the verifier shall check the following: (a) whether the monitoring plan presented to it is the most recent version and, where required, approved by the competent authority; (b) whether there have been any modifications to the monitoring plan during the reporting period; (c) where applicable, whether the modifications referred to in point (b) of this paragraph have been notified to the competent authority pursuant to Articles 15(1) and 75b(1) or Article 75g of Implementing Regulation (EU) 2018/2066 or approved by the competent authority in accordance with Articles 15(2) and 75b(1) of Implementing Regulation (EU) 2018/2066.