Article 4 Répartition géographique

Summary What does Article 4 of the RTS on incident classification say?

This article specifies how financial entities should assess the geographical spread of an incident, one of the classification criteria established in Article 18(1) of DORA.

The core obligation is to evaluate whether an incident has had an impact beyond the financial entity's home jurisdiction, extending into other EU Member States.

The assessment covers the reach of the incident across clients, group structures, and shared infrastructure.

Important points:

Assess whether your incident has had an impact in other Member States, not just domestically.
The assessment covers clients and financial counterparts, group entities and branches, and financial market infrastructures or third-party providers operating across borders.
For third-party providers and financial market infrastructures, the assessment applies only to the extent that the relevant information is available to you.

Springlex's summary of the article, a reading aid, not a substitute for the legal text.

Afin de déterminer la répartition géographique en ce qui concerne les zones touchées par l’incident, visée à l’article 18, paragraphe 1, point c), du règlement (UE) 2022/2554, les entités financières évaluent si l’incident a ou a eu une incidence dans d’autres États membres, et évaluent notamment l’importance de cette incidence en ce qui concerne:

les clients et les contreparties financières dans d’autres États membres;
les succursales ou les autres entités financières du groupe qui exercent des activités dans d’autres États membres; ou
les infrastructures des marchés financiers ou les prestataires tiers susceptibles d’affecter les entités financières établies dans d’autres États membres auxquelles ils fournissent des services, si ces informations sont disponibles.

Table of contents

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Relevant recitals