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Recitals

Closed
4 March 2024

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Regulation (EU) 2022/2554 of the European Parliament and of the Council, of 14 December 2022 on digital operational resilience for the financial sector and amending Regulations (EC) No 1060/2009, (EU) No 648/2012, (EU) No 600/2014, (EU) No 909/2014 and  (EU) 2016/1011 and, in particular Article 30(5) thereof,

Whereas:

(1) Article 30(2) of Regulation (EU) 2022/2554 requires from financial entities to set out contractual arrangements on the use of ICT services that should include at least a clear and complete description of all functions and ICT services to be provided by the ICT third-party service provider, indicating whether subcontracting of ICT service supporting critical or important functions, or material parts thereof (hereafter "ICT services supporting critical or important functions) is permitted and, when that is the case, the conditions applying to such subcontract

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