Recital 13 Other member states


Considering that competent authoritiesas defined in Article 46 in other Member States are to be notified of incidents means an incident as defined in Article 6, point (6), of Directive (EU) 2022/2555; that impact financial entitiesas defined in Article 2, points (a) to (t) and customers in their jurisdiction, the assessment of the impact in another jurisdiction in accordance with Article 19(7) of Regulation (EU) 2022/2554 should be based on the root cause of the incident means an incident as defined in Article 6, point (6), of Directive (EU) 2022/2555;, on potential contagion through third-party providers and on financial market infrastructures, as well as on the impact of the incident means an incident as defined in Article 6, point (6), of Directive (EU) 2022/2555; on significant groups means a group as defined in Article 2, point (11), of Directive 2013/34/EU; of clients or financial counterparts.

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