1) Without prejudice to the termination clauses set out in accordance with Article 28 paragraph (10) of Regulation (EU) 2022/2554, the financial entity has a right to terminate the agreement with the ICT third-party service provider in each of the following cases:
a. when the ICT third-party service provider implements material changes to subcontracting arrangements despite the objection of the financial entity, or without approval within the notice period as referred to in Article 6,
b. when the ICT third-party service provider subcontracts an ICT service supporting a critical or important function explicitly not permitted to be subcontracted by the contractual agreement.
Question 5 : Are articles 6 and 7 appropriate and sufficiently clear? |