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ESMA Q&A 2056 — Q&A — Software distributors [Question Rejected]

Financial servicesLevel 3Q&ADORARejectedOfficial source

Software distributors

Question

When an off-the-shelf software license (e.g. operating systems, database) is purchased through a distributor, is the distributor qualifying as “ICT third-party service provider” in case if the distributor itself is not providing any additional services in addition to the distribution, and its contractual tasks are completed with the successful intermediation of the license agreement? Is the software company qualifying as a direct “ICT third-party service provider” based on the end-user license agreement (EULA) accepted by the financial entity?


Source: ESMA original document