Financial entitiesas defined in Article 2, points (a) to (t) should be informed of new subcontracting arrangements or material changes thereof made by the ICT third-party provider with a notice period that allows them to assess the risks associated with such new arrangements or material changes. Where the outcome of the risk assessment is that the new arrangements or material changes carry a level of risk that exceed their risk tolerance, financial entitiesas defined in Article 2, points (a) to (t) should have the right to terminate the contract with the ICT third-party service provideran undertaking providing ICT services. The financial entity’s objections may be addressed by the ICT third-party service provideran undertaking providing ICT services before the financial entity exercises its termination right.