+108. The financial entity should be able to terminate the third-party arrangements, in accordance …
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108. The financial entity should be able to terminate the third-party arrangements, in accordance …
The financial entity should be able to terminate the third-party arrangements, in accordance with applicable law, including in the following situations: - a. where the TPSP is in a significant breach of applicable law, regulations, or contractual provisions;
- b. where circumstances identified throughout the monitoring that are deemed capable of altering the performance of the service provided, including material changes that affect the arrangement or the situation of the TPSP are identified;
- c. where there are material changes affecting the third-party arrangement or the TPSP (e.g. subcontracting or changes of subcontractors);
- d. where there are evidenced weaknesses pertaining to its risk management and security of confidential, personal or otherwise sensitive data, or non-personal data;
- e. where the competent authority can no longer effectively supervise the financial entity as a result of the conditions of, or circumstances related to, the respective contractual arrangement.
1. Pregled
1.1 Reference
1.2 Utvrđeni zahtjevi
1.3 Povezani standardi
2. Utvrđeni zahtjevi
3. Povezani standardi
- EBA -
EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.
DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.
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