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Text as of 27 Dec 2022 · Regulation (EU) 2022/2554, OJ L 333, 27.12.2022 · Same wording as today’s text.Today’s text

Recital 50

Financial servicesLevel 1RegulationDORAStage: AdoptedOfficial source

While this Regulation allows financial entities to determine their recovery time and recovery point objectives in a flexible manner and hence to set such objectives by fully taking into account the nature and the criticality of the relevant functions and any specific business needs, it should nevertheless require them to carry out an assessment of the potential overall impact on market efficiency when determining such objectives.