2.5 Summary of findings

These results should be reflected in the summary of findings under Title 5 of the EBA SREP Guidelines and should form part of the respective scoring in line with the considerations in Table 3 of the EBA SREP Guidelines.

For the assessment of ICT strategy, the following points should be considered in concluding the above assessment:

• a. if competent authorities come to the conclusion that the institution’s governance framework is inadequate for developing and implementing the institution’s ICT strategy under 2.2 then this should inform the assessment of the institution’s internal governance in Title 5 of the EBA SREP Guidelines under point 87 (a);
• b. if competent authorities come to the conclusion from the above assessments under 2.2 that there would be a significant misalignment between the ICT strategy and the business strategy that may have a significant adverse impact of the institution’s long term business and/or financial objectives, the institution’s sustainability and/or business model, or the institution’s business areas/lines which have been determined as most material in paragraph 62 (a) of the EBA SREP Guidelines, then this should inform the business model assessment of Title 4 of the SREP GL under points 70 (b) and 70 (c); and
• c. if competent authorities come to the conclusion from the above assessments under 2.2 that the institution may not have sufficient ICT resources and ICT implementation capabilities to perform and support important planned strategic changes this should inform the business model assessment of Title 4 of the EBA SREP Guidelines under point 70 (b).