1. The ESAs, through the Joint Committee, and in consultation with the ECB and ENISA, shall prepare a joint report assessing the feasibility of further centralisation of incident reporting through the establishment of a single EU Hub for major ICT-related incident reporting by financial entities. The joint report shall explore ways to facilitate the flow of ICT- related incident reporting, reduce associated costs and underpin thematic analyses with a view to enhancing supervisory convergence.
2. The joint report referred to in paragraph 1 shall comprise at least the following elements:
(a) prerequisites for the establishment of a single EU Hub;
(b) benefits, limitations and risks, including risks associated with the high concentration of sensitive information;
(c) the necessary capability to ensure interoperability with regard to other relevant reporting schemes;
(d) elements of operational management;
(e) conditions of membership;
(f) technical arrangements for financial entities and
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