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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 92

Financial servicesLevel 1RegulationDORAStage: AdoptedOfficial source

The Oversight Framework should not replace, or in any way or for any part substitute for, the requirement for financial entities to manage themselves the risks entailed by the use of ICT third-party service providers, including their obligation to maintain an ongoing monitoring of contractual arrangements concluded with critical ICT third-party service providers. Similarly, the Oversight Framework should not affect the full responsibility of financial entities for complying with, and discharging, all the legal obligations laid down in this Regulation and in the relevant financial services law.