Article 1 — Subject matter

1. This Regulation establishes an EU Talent Pool, available to all Member States, in order to: (a) facilitate the recruitment of jobseekers from third countries who reside outside the Union and have the relevant skills and level of qualifications to fill shortage occupations in the Union; (b) promote fair recruitment standards; (c) enhance the Union’s ability to attract talent from outside the Union. 2. This Regulation lays down rules on: (a) the authorities responsible for the management and functioning of the EU Talent Pool and the cooperation between such authorities; (b) the functioning of the IT Platform and the provision of information; (c) the conditions and procedures for participation in the EU Talent Pool of jobseekers from third countries, and employers and other entities; (d) the facilitation of the recruitment of jobseekers from third countries who have benefitted from specific support within the framework of a Talent Partnership, a bilateral arrangement or a national framework on the development and validation of skills in a third country; (e) the protection of the rights of jobseekers and participating employers and other participating entities for the purposes of this Regulation.