lexiara

1.

Operational continuity the extent to which all relevant internal and external, financial and operational interdependencies have been identified by reference to all relevant services, roles, including staff, and mapped to legal entities, critical functions, core business lines and related contractual arrangements; the extent to which adequate operational arrangements are in place to ensure the continuity of relevant services that are necessary for preserving critical functions, and the core business lines necessary for the effective implementation of the resolution action and any consequent restructuring, in particular by facilitating possible transfers of assets, rights or liabilities, roles and staff; the extent to which risks to operational continuity in resolution have been comprehensively assessed, including qualitative and quantitative information that allows to identify the criticality of relevant services, including the impact of interruption or discontinuance of relevant services in resolution and their substitutability; the extent to which risks to operational continuity have been effectively mitigated and the presence of measures to improve preparedness for resolution, including with regards to the enforcement of continuity arrangements with external third-party providers of relevant services;

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Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.