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ARTICLE · 20 MAY 2024

DORA Spotlight: Practical Insights On The Second Batch Of Draft Technical Standards

Arthur Cox
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Compliance with the EU's Digital Operational Resilience Act ("DORA") is increasingly coming into the foreground for many EU financial entities as the deadline for compliance with DORA looms closer....

European UnionTechnology
Ian Duffy
Ian Duffy
Ciara Anderson
Ciara Anderson
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Compliance with the EU's Digital Operational Resilience Act ("DORA") is increasingly coming into the foreground for many EU financial entities as the deadline for compliance with DORA looms closer (17 January 2025). As part of DORA compliance efforts, financial entities will need to pay particular attention to the technical standards that will sit alongside DORA and this briefing provides a practical overview of key aspects of the second batch of technical standards, which are due to be finalised and sent to the European Commission by 17 July 2024 for approval.

DORA & Technical Standards Refresher

DORA is part of the European Commission's Digital Finance Strategy and is designed to uplift existing ICT risk management requirements for financial entities and to consolidate these requirements into a single legislative instrument. Put simply, DORA is focussed on ensuring that financial entities are able to effectively respond to unplanned disruption while minimising

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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