Article 13
Remediation plan
1. Within 8 weeks from the notification referred to in Article 12(7) of this Regulation, the financial entity shall provide the remediation plans and the documentation referred to in Article 26(6) of Regulation (EU) 2022/2554 to the TLPT authority and, where different, to the financial entity’s competent authority.
2. The remediation plan referred in paragraph 1 shall include, for each finding occurred in the framework of the TLPT:
|
(a) |
a description of the identified shortcomings; |
|
(b) |
a description of the proposed remediation measures and of their prioritisation and expected completion, including, where relevant, measures to improve the identification, protection, detection and response capabilities; |
|
(c) |
a root cause analysis; |
|
(d) |
the financial entity’s staff or functions responsible for the implementation of the proposed remediation measures or improvements; |
|
(e) |
the risks associated to not implementing the measures referred to in point (b) and, where relevant, risks associated to the implementation of such measures. |