Recital 2

In order to ensure proportionality, the classification criteria and the materiality thresholds should reflect the size and overall risk profile, and the nature, scale and complexity of the services of all . Moreover, the criteria and materiality thresholds should be designed in such a way that they apply consistently to all , irrespective of their size and risk profile, and do not pose unproportional reporting burden to smaller . However, in order to address situations where a significant number of clients are affected by an incident which as such does not exceed the applicable threshold, an absolute threshold mainly targeted at larger should be set out.

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