Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 15 JANUARY 2025

The Final Countdown: Prepare For DORA Compliance By 17 January 2025

Loyens & Loeff
Loyens & Loeff
Contributor
Loyens & Loeff

Loyens & Loeff

One firm: Law and Tax Loyens & Loeff is a leading independent, full-service law and tax firm in...

View firm profile
Explore more from Loyens & Loeff

Companies have until 17 January 2025 to comply with the requirements of the Digital Operational Resilience Act (DORA) and further regulations.

NetherlandsFinance and Banking
Martijn Schoonewille
Martijn Schoonewille
Roderik Boogaard
Roderik Boogaard
Yannick Geryszewski
Yannick Geryszewski
Wendy Pronk
Wendy Pronk
Rosalie Tielens
Rosalie Tielens

Companies have until 17 January 2025 to comply with the requirements of the Digital Operational Resilience Act (DORA) and further regulations. The European Commission and supervisory authorities, including the AFM, have confirmed that in-scope companies will be supervised as per that date (or shortly after). In its latest update of 7 January 2025, the AFM explains what companies can expect from the AFM and other European supervisory authorities in terms of supervision on DORA.

In this blog, we will highlight the most important topics of supervision and some related practical matters.

DORA

DORA aims to increase the digital resilience in the financial sector and mitigate the risks associated with outsourcing to third-party service providers. To that effect, DORA sets requirements in areas such as IT risk management, IT incidents, periodic testing of digital resilience and the control of risks in outsourcing to critical third-party providers.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

DNB Increases Focus On Late Statistical Reporting: What Reporting Entities Need To Know

The Dutch Central Bank (DNB) has introduced a revised enforcement policy that imposes administrative fines and penalty payment orders on designated reporting entities that repeatedly fail to submit statistical reports on time. Captive financial institutions, fund managers, securitisation vehicles, and certain holding and royalty companies must now ensure their governance frameworks support timely compliance...
NetherlandsFinance and Banking
Loyens & Loeff
Loyens & Loeff
Article

Crypto M&A In Europe: 10 Legal Recommendations

Crypto M&A transactions demand comprehensive due diligence beyond traditional legal and financial analysis, with regulatory compliance, tax reporting, governance, cybersecurity and licensing requirements emerging as critical value drivers. This leaflet examines ten essential areas that buyers, investors and crypto businesses must evaluate when preparing for or executing crypto M&A transactions in Europe, drawing on integrated law and tax expertise.
NetherlandsFinance and Banking
Loyens & Loeff
Loyens & Loeff
Article

OECD Releases New Pillar Two Guidance, Updated GIR And Framework For Legislative Reviews

The OECD has released new administrative guidance on Pillar Two's Global Anti-Base Erosion (GloBE) Rules, addressing explicitly conditional taxes and QDMTT safe harbour operations. The package includes an updated GloBE Information Return incorporating permanent safe harbours and establishes a peer review framework for assessing whether domestic legislation aligns with international standards.
NetherlandsTax
Loyens & Loeff
Loyens & Loeff
Article

Introduction Of A New Swiss Transparency Register

Switzerland's new Legal Entities Transparency Act introduces a centralised federal register of beneficial owners, fundamentally changing how Swiss companies must identify, document and report ultimate ownership and control structures. The regime imposes strict reporting deadlines beginning in late 2026, with criminal sanctions for non-compliance reaching up to CHF 500,000 for intentional breaches. Companies must now navigate complex look-through requirements, enhanced documentation obligations, and ongoing
SwitzerlandCorporate/Commercial Law
Loyens & Loeff
Loyens & Loeff