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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 82

Financial servicesLevel 1RegulationDORAStage: AdoptedOfficial source

The requirement to set up a subsidiary in the Union should not prevent the critical ICT third-party service provider from supplying ICT services and related technical support from facilities and infrastructure located outside the Union. This Regulation does not impose a data localisation obligation as it does not require data storage or processing to be undertaken in the Union.