4.2.4 Module: Information Technology Reporting
Item 19 - IT Strategy
79. Under the 2015 Guidelines, ESMA receives the IT Strategies of CRAs on a semi-annual basis. This information is useful for ESMA to understand the CRAs approach to the development of their IT capabilities. However, in order to better reflect the fact that this document is unlikely to be significantly altered over a six-month period, ESMA believes that the semi-annual reporting frequency for this item can be reduced to an annual frequency for "category 1" CRAs, whereas for "category 2" CRAs this can be provided on an "on demand" basis should ESMA request it.
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Text of proposed guidelines |
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Item 19 - IT Strategy CRAs submit a copy of their IT strategy.
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Q20. Do you agree with the proposed approach regarding the submission of CRA’s IT Strategies? If not please explain.
Item 20 - Book of Work: IT Programme and IT Projects **New**
80. Under the 2015 Guidelines, there is no specific requirement for a CRA to submit detailed information on the progress and expected delivery dates for its key IT programme and projects.