DORA implementation steps

DORA EU regulation (“DORA”), in force as from 16 January 2023, creates a unified regulatory framework for digital operational resilience which requires all types of EU financial entities to ensure they can withstand, respond to and recover from any ICT-related threats.

DORA EU regulation (“DORA”), in force as from 16 January 2023, creates a unified regulatory framework for digital operational resilience which requires all types of EU financial entities to ensure they can withstand, respond to and recover from any ICT-related threats.

DORA’s origin is in the increased risks arising from the EU financial services sector’s reliance on ICT, as well as in the lack of harmonised EU-level rules on digital operational resilience and the consequent fragmented and inconsistent rules at EU member state level. DORA, in line with wider EU efforts to strengthen cybersecurity and address broader operational risks, aims to harmonise and streamline financial entities’ conduct of ICT risk management.

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Contact our experts Bénédicte d’Allard and Astrid Wagner for further assistance in understanding how DORA could potentially impact your activities.

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Bénédicte d’Allard
Senior Manager

Regulatory & Consulting

Astrid Wagner
Partner

IP, Communication & Technology
Corporate Law, Mergers & Acquisitions

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