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ARTICLE · 22 JULY 2025

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Operational Resilience 2.0: How DORA Is Reshaping Operational Resilience In Ireland

Arthur Cox
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As laid out in their Regulatory & Supervisory Outlook (February 2025), ensuring that ‘Firms are resilient to the challenging macro environment' remains high on the agenda for the Central Bank of Ireland ("Central Bank") and is recognised as a key supervisory priority area for 2025/26...

IrelandFinance and Banking
Arthur Cox
Arthur Cox
Ian Duffy
Ian Duffy
Katherine Quirke
Katherine Quirke
Sarah O'Sullivan
Sarah O'Sullivan
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As laid out in their Regulatory & Supervisory Outlook (February 2025), ensuring that 'Firms are resilient to the challenging macro environment' remains high on the agenda for the Central Bank of Ireland ("Central Bank") and is recognised as a key supervisory priority area for 2025/26. Of particular focus to the Central Bank is a review of how regulated firms have uplifted and enhanced their Operational Resilience Frameworks through the effective implementation of the Digital Operational Resilience Act ("DORA"), which took effect in January of this year.

While a revision of the Cross Industry Guidance on Operational Resilience (December 2012) was not expected so soon, the Central Bank have this month published an updated version of their guidance (the "Revised Guidance")to incorporate changes which have "been informed by recent developments and valuable ongoing industry engagement", including DORA.

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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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