Info
🔗 Back to Summary. 🇫🇷 French Version: 2024R1772_FR.11. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 10 – High materiality thresholds for determining significant cyber threats ⬅️ | ➡️ Article 12 – Details of major incidents to be shared with other competent authorities
Références LVL1 <=> LVL2
Level 1 reference(s): 2022R2554_EN.19 > 7
Article 11 - Relevance of major incidents to competent authorities in other Member States
The assessment of whether the major incident is relevant for competent authorities in other Member States as referred to in 2022 shall be based on whether the incident has a root cause originating from another Member State or whether the incident has or has had a significant impact in another Member State in relation to any of the following:
(a)
clients or financial counterparts;
(b)
a branch of the financial entity or another financial entity within the group;
(c)
a financial market infrastructure or a third-party provider which may affect financial entities to which they provide services.