Recital 1

(1)To ensure the harmonisation and simplication of the notification and reporting requirements for major ICT-related incidents referred to in Article 19(4) of Regulation (EU) 2022/2554, the time limits for reporting major ICT-related incidents should follow a consistent approach for all types of financial entities. For these reasons, the time limits should also, to the greatest extent possible, follow a consistent approach with, and at least be equivalent in effect to, the requirements set out in Directive (EU) 2022/2555 of the European Parliament and of the Council ² .