Article 21 - Centralisation of reporting of major ICT-related incidents
1)
The ESAs, through the Joint Committee, and in consultation with the ECB and ENISA, shall prepare a joint report assessing the feasibility of further centralisation of incident reporting through the establishment of a single EU Hub for major ICT-related incident reporting by financial entities. The joint report shall explore ways to facilitate the flow of ICT- related incident reporting, reduce associated costs and underpin thematic analyses with a view to enhancing supervisory convergence.
2)
The joint report referred to in paragraph 1 shall comprise at least the following elements:
a)
prerequisites for the establishment of a single EU Hub;
b)
benefits, limitations and risks, including risks associated with the high concentration of sensitive information;
c)
the necessary capability to ensure interoperability with regard to other relevant reporting schemes;
d)
elements of operational management;
e)
conditions of membership;
f)
technical arrangements for financial entities and national competent authorities to access the single EU Hub;
g)
a preliminary assessment of financial costs incurred by setting-up the operational platform supporting the single EU Hub, including the requisite expertise.
3)
The ESAs shall submit the report referred to in paragraph 1 to the European Parliament, to the Council and to the Commission by 17 January 2025.