Article 5
Procedures
1. The procedures referred to in Article 2(2), points (a) and (b), shall be adapted to the business model of the crowdfunding service provider and shallinclude:
(a) |
a compilation of a list of contact details of the persons or department in charge in case of failure of the crowdfunding service provider; |
(b) |
the identification of the three most likely scenarios of failure and the description of measures to be taken to mitigate their impact on the continuity of critical services; |
(c) |
provisions regarding access by staff of the crowdfunding service provider to the workspace and company network; |
(d) |
provisions regarding access to client information and, where relevant, client assets; |
(e) |
an identification of operational and financial risks as well as measures to reduce their occurrence; |
(f) |
an identification of critical business systems and contingency measures to ensure their continuity; |
(g) |
an identification of critical business relationships, including outsourced functions; |
(h) |
procedures to ensure the continuity of communication between the crowdfunding service provider, its clients, business partners, employees and competent authorities. |