Recital 7 The geographical spread criterion

The criterion in relation to the geographical spread of an incident means an incident as defined in Article 6, point (6), of Directive (EU) 2022/2555; set out in Article 18(1), point (c), of Regulation (EU) 2022/2554 should focus on the cross-border impact of the incident means an incident as defined in Article 6, point (6), of Directive (EU) 2022/2555;, since the impact of an incident means an incident as defined in Article 6, point (6), of Directive (EU) 2022/2555; on the activities of a 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; within a single jurisdiction will be captured by the other criteria set out in that Article.