EBA · 2024_7098 Final Q&A

Scope of Register of Information for Contractual Arrangements on the use of ICT Services Provided by ICT Third-party Service Providers

Regulation
Regulation (EU) No 2022/2554 (DORA Reg)
Article
28, para. 3
Topic
ICT third-party risk management
Submitted by
Credit institution
Submitted
2024-05-29
Answered
2025-07-25
Answer provided by
ESAs (EBA, ESMA, EIOPA)

Question

According to Article 28(3) of DORA, must an EU parent bank, which has subsidiaries both within and outside the EU, maintain the register of information regarding all contractual arrangements for the use of ICT services only for subsidiaries that are subject to DORA (financial entities established in the EU), or does this requirement extend to subsidiaries established outside the EU for which DORA does not apply?

Background

Article 28(3) of DORA requires financial entities, as part of their ICT risk management framework, to maintain and update a register of information regarding all contractual arrangements for the use of ICT services provided by ICT third-party service providers at the entity level, and at sub-consolidated and consolidated levels. The bank seeks clarification on whether the EU parent bank must maintain this register only for subsidiaries based in the EU that are subject to DORA, or also for subsidiaries based outside the EU for which DORA does not apply.  If the parent bank were required to maintain the register for subsidiaries based outside the EU, it would face several challenges. These include increased administrative burden and complexity in managing compliance across different regulatory regimes. In these non-EU countries, ICT service providers are not bound by DORA, which adds another layer of complexity.

Answer

Answer already provided as part of the frequently asked questions (FAQ) about the preparation and the reporting of the registers of information of contractual arrangements with the ICT third-party providers that financial entities need to maintain in accordance with Article 28(3) of Regulation (EU) 2022/2554 (DORA) and as specified in the Commission Implementing Regulation (EU) 2024/2956 (ITS on the registers of information). The scope of the registers of information held at the sub-consolidated and consolidated basis should reflect all financial entities and their branches that belong to their consolidation scope in accordance with both Directive 2013/34/EU and the relevant sectorial Union legislation.

Original source: European Banking Authority, Q&A ID 2024_7098

This Q&A is published by European Banking Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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