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Regulation (EU) 2022/2554 on digital operational resilience for the financial sector - Article 5: Governance and organisation

Financial entities must establish, implement, and maintain an internal governance and control framework to ensure the effective and prudent management of…

What Regulation (EU) 2022/2554 on digital operational resilience for the financial sector - Article 5: Governance and organisation requires

Financial entities must establish, implement, and maintain an internal governance and control framework to ensure the effective and prudent management of ICT risk.

Pillar: Banking & Global Finance · Authority: European Parliament and Council of the European Union · Version: 1.0.0 · Last updated:

Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32022R2554

SHA-256 integrity: 2fe00139744b8b9c7bb575c64a4800e3a56956edd30861ff42365cc389d21a48

Primary Citations — 6 traced to source

  • Article 5(1): Financial entities shall have in place an internal governance and control framework...
  • Article 5(1): ...that ensures an effective and prudent management of ICT risk...

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