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Webinar: New EU legislative proposals on digital operational resilience (DORA)

Webinar: New EU legislative proposals on digital operational resilience (DORA)

Publications
09 December 2020
Related people
Regnard-Weinrabe Ben
Image of Catherine Di Lorenzo
Anderson Tom
Regnard-Weinrabe Ben
Ben Regnard-Weinrabe

Partner

London
Image of Catherine Di Lorenzo
Catherine Di Lorenzo

Partner

Luxembourg
Anderson Tom
Tom Anderson

Executive Director, A&O Consulting

London
Johnstone Nikki
Nikki Johnstone

Partner

London

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In this webinar we map out the European Commission’s draft Digital Operational Resilience Regulation (DORA) against existing EU rules on digital operational resilience, set out the new obligations which will apply to EU financial entities, and explore DORA's potential impact on regulated firms and their relationships with IT service providers.

The draft DORA regulation (alongside a draft amending directive) aims to enhance the operational integrity of all EU “financial entities”, including banks and other financial institutions, insurance/reinsurance undertakings and intermediaries, and fund managers.

In addition to having significant implications for the IT policies and practices of regulated financial entities, DORA will also have implications for the unregulated IT service providers to whom they outsource functions.

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