Regulation (EU) 2022/2554

means an account information service provider as referred to in Article 33(1) of Directive (EU) 2015/2366;

means an administrator of ‘critical benchmarks’ as defined in Article 3(1), point (25), of Regulation (EU) 2016/1011;

means an ancillary insurance intermediary as defined in Article 2(1), point (4), of Directive (EU) 2016/97;

means a central counterparty as defined in Article 2, point (1), of Regulation (EU) No 648/2012;

means a central securities depository as defined in Article 2(1), point (1), of Regulation (EU) No 909/2014;

means a credit institution as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 of the European Parliament and of the Council;

means a credit rating agency as defined in Article 3(1), point (b), of Regulation (EC) No 1060/2009;

means an ICT third-party service provider designated as critical in accordance with Article 31;

means a function, the disruption of which would materially impair the financial performance of a financial entity, or the soundness or continuity of its services and activities, or the discontinued, defective or failed performance of that function would materially impair the continuing compliance of a financial entity with the conditions and obligations of its authorisation, or with its other obligations under applicable financial services law;

means a crowdfunding service provider as defined in Article 2(1), point (e), of Regulation (EU) 2020/1503 of the European Parliament and of the Council;

means a crypto-asset service provider as defined in the relevant provision of the Regulation on markets in crypto-assets;

means ‘cyber threat’ as defined in Article 2, point (8), of Regulation (EU) 2019/881;

means a malicious ICT-related incident caused by means of an attempt perpetrated by any threat actor to destroy, expose, alter, disable, steal or gain unauthorised access to, or make unauthorised use of, an asset;

means a data reporting service provider within the meaning of Regulation (EU) No 600/2014, as referred to in Article 2(1), points (34) to (36) thereof;

means the ability of a financial entity to build, assure and review its operational integrity and reliability by ensuring, either directly or indirectly through the use of services provided by ICT third-party service providers, the full range of ICT-related capabilities needed to address the security of the network and information systems which a financial entity uses, and which support the continued provision of financial services and their quality, including throughout disruptions;

means an electronic money institution as defined in Article 2, point (1), of Directive 2009/110/EC of the European Parliament and of the Council;

means an electronic money institution benefitting from a waiver as referred to in Article 9(1) of Directive 2009/110/EC;

means a group as defined in Article 2, point (11), of Directive 2013/34/EU;

means a collection of information, either tangible or intangible, that is worth protecting;

means an entity as referred to in Article 2(5), points (4) to (23), of Directive 2013/36/EU;

means an institution for occupational retirement provision as defined in Article 6, point (1), of Directive (EU) 2016/2341;

means an insurance intermediary as defined in Article 2(1), point (3), of Directive (EU) 2016/97 of the European Parliament and of the Council;

means an insurance undertaking as defined in Article 13, point (1), of Directive 2009/138/EC;

means an investment firm as defined in Article 4(1), point (1), of Directive 2014/65/EU;

means an issuer of asset-referenced tokens as defined in the relevant provision of the Regulation on markets in crypto-assets;

means the committee referred to in Article 54 of Regulations (EU) No 1093/2010, (EU) No 1094/2010 and (EU) No 1095/2010;

means the European Supervisory Authority appointed in accordance with Article 31(1), point (b) of this Regulation;

means an ICT system that has reached the end of its lifecycle (end-of-life), that is not suitable for upgrades or fixes, for technological or commercial reasons, or is no longer supported by its supplier or by an ICT third-party service provider, but that is still in use and supports the functions of the financial entity;

means an ICT-related incident that has a high adverse impact on the network and information systems that support critical or important functions of the financial entity;

means an operational or security payment-related incident that has a high adverse impact on the payment-related services provided;

means a management body as defined in Article 4(1), point (36), of Directive 2014/65/EU, Article 3(1), point (7), of Directive 2013/36/EU, Article 2(1), point (s), of Directive 2009/65/EC of the European Parliament and of the Council, Article 2(1), point (45), of Regulation (EU) No 909/2014, Article 3(1), point (20), of Regulation (EU) 2016/1011, and in the relevant provision of the Regulation on markets in crypto-assets, or the equivalent persons who effectively run the entity or have key functions in accordance with relevant Union or national law;

means a management company as defined in Article 2(1), point (b), of Directive 2009/65/EC;

means a manager of alternative investment funds as defined in Article 4(1), point (b), of Directive 2011/61/EU;

means a financial entity that is not a small enterprise and employs fewer than 250 persons and has an annual turnover that does not exceed EUR 50 million and/or an annual balance sheet that does not exceed EUR 43 million;

means a financial entity, other than a trading venue, a central counterparty, a trade repository or a central securities depository, which employs fewer than 10 persons and has an annual turnover and/or annual balance sheet total that does not exceed EUR 2 million;

means a network and information system as defined in Article 6, point 1, of Directive (EU) 2022/2555;

means a single event or a series of linked events unplanned by the financial entities referred to in Article 2(1), points (a) to (d), whether ICT-related or not, that has an adverse impact on the availability, authenticity, integrity or confidentiality of payment-related data, or on the payment-related services provided by the financial entity;

means a parent undertaking within the meaning of Article 2, point (9), and Article 22 of Directive 2013/34/EU;

means a payment institution as defined in Article 4, point (4), of Directive (EU) 2015/2366;

means a payment institution exempted pursuant to Article 32(1) of Directive (EU) 2015/2366;

means any government or other public administration entity, including national central banks.

means a reinsurance intermediary as defined in Article 2(1), point (5), of Directive (EU) 2016/97;

means a reinsurance undertaking as defined in Article 13, point (4), of Directive 2009/138/EC;

means a securitisation repository as defined in Article 2, point (23), of Regulation (EU) 2017/2402 of the European Parliament and of the Council;

means security of network and information systems as defined in Article 6, point 2, of Directive (EU) 2022/2555;

means a cyber threat the technical characteristics of which indicate that it could have the potential to result in a major ICT-related incident or a major operational or security payment-related incident;

means an investment firm that meets the conditions laid out in Article 12(1) of Regulation (EU) 2019/2033 of the European Parliament and of the Council;

means a financial entity that employs 10 or more persons, but fewer than 50 persons, and has an annual turnover and/or annual balance sheet total that exceeds EUR 2 million, but does not exceed EUR 10 million;

means an institution for occupational retirement provision which operates pension schemes which together have less than 100 members in total;

means a subsidiary undertaking within the meaning of Article 2, point (10), and Article 22 of Directive 2013/34/EU;

means information that has been aggregated, transformed, analysed, interpreted or enriched to provide the necessary context for decision-making and to enable relevant and sufficient understanding in order to mitigate the impact of an ICT-related incident or of a cyber threat, including the technical details of a cyber-attack, those responsible for the attack and their modus operandi and motivations;

means a framework that mimics the tactics, techniques and procedures of real-life threat actors perceived as posing a genuine cyber threat, that delivers a controlled, bespoke, intelligence-led (red team) test of the financial entity’s critical live production systems;

means a trade repository as defined in Article 2, point (2), of Regulation (EU) No 648/2012;

means a trading venue as defined in Article 4(1), point (24), of Directive 2014/65/EU;

means a weakness, susceptibility or flaw of an asset, system, process or control that can be exploited;