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Version date: 17 July 2024 - onwards

Article 5 Reclassification of major incidents

Where after further assessment of the incident, the financial entity reaches the conclusion that the incident previously reported as major at no time fulfilled the classification criteria and thresholds in accordance with Article 18(4) of Commission Delegated Regulation specifying Article 18(3) of Regulation (EU) 2022/2554, the financial entity shall indicate it has reclassified the incident from major to non-major and shall submit the information related to the reclassification of the major incident as non-major by completing the template in Annex II in relation to the fields ‘type of report’ and ‘other information’.

Comparing proposed amendment...