← Glossary
Operational resilience
Critical or important function
In French : Fonction critique ou importante
A function whose disruption would materially impair a financial entity's financial performance, soundness or continuity of services, or its compliance with the conditions of its authorisation.
Source : Règlement (UE) 2022/2554, art. 3
Related terms
Critical operation
An activity whose failure would materially impair the viability of the institution or the stability of the financial system.
Register of information
A structured inventory of all contractual arrangements on the use of ICT services provided by third parties, submitted annually to the competent authority.