Recital 8 Transparency and comparability of contractual arrangements


To allow transparency and comparability of contractual arrangements and the ongoing monitoring of those arrangements, the register of information should focus on the operational links between the financial entitiesas defined in Article 2, points (a) to (t) and the ICT third-party service providers means an undertaking providing ICT services;. To that end, the register of information should use four keys, which, among others, linking relevant data to each other across the templates of the register of information: (i) the reference number of the contractual arrangement between the financial entity means a natural or legal person created and recognised as such under the national law of its place of establishment, which may, acting under its own name, exercise rights and be subject to obligations; signing that arrangement and the direct ICT third-party service provider means an ICT third-party service provider or ICT intra-group service provider that signed a contractual arrangement with: a financial entity to provide its ICT services directly to that financial entity; a financial or a non-financial entity to provide its services to other financial entities within the same group;, (ii) an appropriate identifier of financial entitiesas defined in Article 2, points (a) to (t) and ICT third-party service providers means an undertaking providing ICT services;, (iii) the function identifier, and (iv) the type of ICT services means digital and data services provided through ICT systems to one or more internal or external users on an ongoing basis, including hardware as a service and hardware services which includes the provision of technical support via software or firmware updates by the hardware provider, excluding traditional analogue telephone services;.

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