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# critical or important function

*In force · DORA Article 3, point (22) · Regulation (EU) 2022/2554, OJ L 333, 27.12.2022 · Not yet verified against the official text ·* [*Official source*](https://eur-lex.europa.eu/eli/reg/2022/2554/oj/eng)

### Definition

> **(22)** '**critical or important function**' 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;

### Source

DORA, Article 3, point (22).

### Used in DORA

* Article 12
* Article 15
* Article 16
* Article 28
* Article 29
* Article 30