COMMISSION DELEGATED REGULATION (EU) 2024/1502
of 22 February 2024
supplementing Regulation (EU) 2022/2554 of the European Parliament and of the Council by specifying the criteria for the designation of ICT third-party service providers as critical for financial entities
(Text with EEA relevance)
Article 1
Assessment approach
Article 2
Systemic impact of ICT third-party service providers on the stability, continuity or quality of the provision of financial services
number of financial entities of a category of financial entities as set out in Article 2(1) of Regulation (EU) 2022/2554, to which ICT services are provided by the same ICT third party services provider where the ICT services support critical or important functions of financial entities |
total number of financial entities of a category of financial entities as set out in Article 2(1) of Regulation (EU) 2022/2554 |
total value of assets of financial entities of a category of financial entities as listed in Article 2(1) of Regulation (EU) 2022/2554, to which ICT services are provided by the same ICT third party provider where the ICT services support critical or important functions of financial entities |
total value of assets of all EU financial entities of the same category as set out in Article 2(1) of Regulation (EU) 2022/2554 |
Article 3
Systemic character and importance of the ICT services provided to financial entities
Article 4
Criticality or importance of the functions
Article 5
Degree of substitutability
number of financial entities of a category of financial entities as set out in Article 2(1) of Regulation (EU) 2022/2554, for which no alternative ICT third party service provider is available which has the required capacity to provide the same ICT services that support critical or important functions of financial entities as the one provided by the relevant ICT third party service provider |
total number of financial entities of that category of financial entities as set out in Article 2(1)of Regulation 2022/2554 |
number of financial entities of a category of financial entities as set out in Article 2(1) of Regulation (EU) 2022/2554, for which it is highly difficult to migrate or reintegrate an ICT service provided by the ICT third party provider that support critical or important functions to another ICT third party provider |
total number of EU financial entities of that category of financial entities as set out in Article 2(1) of Regulation (EU) 2022/2554 |