Webinar on DORA
23/05/2024, 12:00-13:30
π Webinar on DORA: Exploring DORA for Fintechs
We had a great time! Our Webinar was an insightful exploration of DORA, the pioneering legislation harmonizing ICT risk management rules across the EU's financial sector. DORA lays down detailed requirements to reinforce the operational and security resilience of all financial institutions.
The implementation of DORA marks a significant milestone with implications for fintechs and companies active in digital finance. Our partner, Simont Braun, focused on key topics such as the roadmap for DORA implementation, pragmatic approaches to DORA, and tips and tricks for businesses to navigate this new regulatory landscape.
Key takeaways from our discussion:
All financial entities are directly impacted by DORA, including credit institutions, payment providers, investment firms, and more.
Obligations vary based on the size and nature of financial entities, with specific requirements for ICT risk management, resilience testing, incident management, and information sharing.
Financial entities are required to implement testing programs with a risk-based approach, ensuring tests are conducted by independent parties.
Financial entities and ICT service providers must set up teams, conduct gap analyses, and adapt policies and agreements to comply with DORA.
ICT service providers should prepare for higher scrutiny and due diligence processes, ensuring compliance documentation and agreements are in place.
ποΈ A special thanks to our speakers, Joan Carette and Jorgen Fleussu, whose expertise significantly enriched the conversation and our understanding of DORA.
For our Members, check the replay and
the presentation of the Webinar HERE
