CTPS 10.1 Inaccurate, false or misleading information

1A critical third party must take reasonable steps to ensure that all information it gives to the regulators and firms in accordance with the CTP duties (including information required by CTPS 8 (Incident reporting) and CTPS 9 (Notifications)) is:

1. (1)

   factually accurate or, in the case of estimates and judgements, fairly and properly based after appropriate enquiries have been made by the critical third party; and

2. (2)

   complete, in that it should include anything of which the regulators would reasonably expect notice.

1If a critical third party is unable to obtain the information required in CTPS 10.1.1R, then it must inform the regulators that the scope of the information provided is, or may be, limited.

1If a critical third party becomes aware, or has information that reasonably suggests, that it has or may have provided the regulators with information which was or may have been false, misleading, incomplete or inaccurate, or has or may have changed in a material way, it must notify the regulators immediately.

1Subject to CTPS 10.1.5R, the notification required by CTPS 10.1.3R must include:

1. (1)

   details of the information which is or may be false, misleading, incomplete or inaccurate, or has or may have changed;

2. (2)

   an explanation why such information was or may have been provided; and

3. (3)

   the correct information.

1If the information in CTPS 10.1.4R(3) cannot be submitted with the notification (because it is not immediately available), it must instead be submitted as soon as is practicable afterwards.