Article 60: Amendments to Regulation (EU) No 648/2012
agent:eu:dora:art-60 · sha256 7065f13554652c2a
Turnover framework under the act
The act sets no turnover framework. Penalties are laid down by the Member States.
Affected roles
Not in the register yet.
Affected industries
banking, insurance
Obligations
Not in the register yet.
Article text
Regulation (EU) No 648/2012 is amended as follows:
(1)
Article 26 is amended as follows:
(a)
paragraph 3 is replaced by the following:
‘3. A CCP shall maintain and operate an organisational structure that ensures continuity and orderly functioning in the performance of its services and activities. It shall employ appropriate and proportionate systems, resources and procedures, including ICT systems managed in accordance with Regulation (EU) 2022/2554 of the European Parliament and of the Council (*2).
(b)
paragraph 6 is deleted;
(2)
Article 34 is amended as follows:
(a)
paragraph 1 is replaced by the following:
‘1. A CCP shall establish, implement and maintain an adequate business continuity policy and disaster recovery plan, which shall include ICT business continuity policy and ICT response and recovery plans put in place and implemented in accordance with Regulation (EU) 2022/2554, aiming to ensure the preservation of its functions, the timely recovery of operations and the fulfilment of the CCP’s obligations.’;
(b)
Machine-readable formThe article in the registerChangesSource: NovaCopilot