Article 6 Information sources to enable criticality assessment

Summary What does Article 6 of the Criteria for designating critical service providers say?

This short but important procedural article establishes the data sources and data currency rules that the ESAs must follow when conducting their criticality assessments under Articles 2 to 5.

It anchors the assessment process to the registers of information that financial entities are required to maintain under DORA, while also allowing the ESAs to draw on any other available data at their disposal.

Important points:

The ESAs are required to use data from the DORA registers of information as the primary source for assessing all sub-criteria set out in Articles 2 to 5.
The ESAs may supplement their assessment with any additional data available to them from other sources.
The ESAs must use the most recent data available during the assessment year, or data available by 31 December of the preceding year at the latest.

Springlex's summary of the article, a reading aid, not a substitute for the legal text.

1. The ESAs shall use the data provided by the registers of information referred to in Article 28(3) of Regulation (EU) 2022/2554, for the assessment of the sub-criteria listed in Articles 2 to 5. The ESAs may also use additional available data they have at their disposal from all sources of information to perform the criticality assessment.
1. The ESAs shall take into account the most recent data available to them during the assessment year, or where applicable, the data that has been made available to them at the latest by 31 December of the year preceding the criticality assessment.

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