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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 and maintain an internal governance and control framework to effectively and prudently manage all ICT risk, ensuring a…

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

Financial entities must establish and maintain an internal governance and control framework to effectively and prudently manage all ICT risk, ensuring a high level of digital operational resilience.

Pillar: Banking & Global Finance · Authority: European Banking Authority (EBA) · Version: 1.0.0 · Last updated:

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

SHA-256 integrity: 4b152d6ca796e65d4763e87ba142330915814375d24f1651afe85ac033bb0608

Primary Citations — 5 traced to source

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

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