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ARTICLE · 27 DECEMBER 2024

Preparing For DORA: Insights From The ESAs' Dry Run Exercise On Reporting And Data Quality Assurance

GTG Legal
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Since its founding in 1997, GTG has been at the forefront of Malta’s legal profession, blending...

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The Digital Operational Resilience Act (DORA) shall apply as from the 17th of January 2025 and with its implementation financial entities take onboard and make effective...

MaltaFinance and Banking
Neil Gauci
Neil Gauci

DORA reporting process

The Digital Operational Resilience Act (DORA) shall apply as from the 17th of January 2025 and with its implementation financial entities take onboard and make effective all requirements imposed by DORA.

One of such requirements is the Register of Information (hereinafter "RoI") and in light of this the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA), and the European Securities and Markets Authority (ESMA), collectively referred to as the European Supervisory Authorities (ESAs) have conducted a dry run exercise to allow for the testing of the reporting processes in an environment designed to mimic the first iteration of the official reporting in 2025.

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