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In this act Article 12 of 18

Article 12 — Availability and performance requirements

Financial servicesLevel 2RTSPSD2In forceVerifiedOfficial source

12(1)

1.The electronic central register shall be able to accommodate the initial set of data currently existing in the public registers maintained by the competent authorities.

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12(2)

2.The application of the electronic central register shall be able to accommodate an increase in the volume of the information received from competent authorities. Such an increase shall not affect the availability of the register.

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12(3)

3.EBA shall ensure that the electronic central register becomes available immediately after normal operation has been restored following any failure of the application of the register.

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12(4)

4.The automated transmission of information referred to in Article 7 shall not affect the availability of the electronic central register.

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12(5)

5.EBA shall inform public users of any unavailability of the electronic central register as well as of the reasons for that unavailability and the recovery of that register by displaying that information on its website

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