- Question ID
-
2022_6428
- Legal act
- Directive 2014/59/EU (BRRD)
- Topic
- BRRD Reporting
- Article
-
11
- Paragraph
-
3
- COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
- Regulation (EU) 2018/1624 - ITS on the provision of information for resolution plans
- Article/Paragraph
-
4(2), points (a) and (h)
- Type of submitter
-
Credit institution
- Subject matter
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Reporting of critical external providers in template Z 08.00
- Question
-
Does a critical external / third-party provider to a service provider which is not indicated as relevant and listed in template Z 01.00 have to be reported in template Z 08.00?
- Background on the question
-
In line with Article 4(2), points (a) and (h) of Implementing Regulation (EU) 2018/1624, our understanding is that critical external/third party-providers to an institution (listed in Z 01.00) have to be reported in Z 08.00. Whereby receiving service providers not named in Z 01.00 should not report their critical external/third party providers in Z 08.00, i.e. critical external services to the institution (institution is named in Z 01.00) are to be reported in Z 08.00, critical external services to a service provider that is not listed in Z 01.00 does not have to be reported in Z 08.00. This understanding is also reflecting that an unregulated service provider does not have critical functions, but Z 08.00 is asking for the related critical functions.
- Submission date
- Rejected publishing date
-
- Rationale for rejection
-
This question has been rejected because the issue it deals with is already explained or addressed in Article 4(2), point (h), of Regulation (EU) 2018/1624, as well as Annex II, paragraph 48, thereto.
For further information on the purpose of this tool and on how to submit questions, please see 'Additional background and guidance for asking questions'.
- Status
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Rejected question