+Article 6 1

Article 6 1

1. A function shall be considered critical, where it fulfils both of the following:

(a)	the function is provided by an institution to third parties not affiliated to the institution or group; and

(b)

the sudden disruption of that function would likely have a material negative impact on the third parties, give rise to contagion or undermine the general confidence of market participants due to the systemic relevance of the function for the third parties and the systemic relevance of the institution or group in providing the function.

1. Overview

Summary	Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source	Requirement

3. Related Standards

Standards
Source	Requirement

Builddate: 20.05.2016 00:00:00 -Doknr: CELEX:32016R0778
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