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Preparation Continues for the Digital Operational Resilience Act

Fusion Risk Management

It has officially been adopted by the Council of the European Union and is now a legal reality for impacted organizations with an aggressive implementation timeline and compliance deadline of 2024. The DORA broadens the oversight framework to include information sharing, better audit access, and guidance on retrospective analysis.

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The Digital Operational Resilience Act is Finalized – Now is the Time to Act

Fusion Risk Management

I t is expected to be finalized in the October 2022 European Parliament plenary session and ha s an aggressive timetable of implementation and final compliance by Q4 2024. . An Emerging Operational Resilience Standard for Data and Technology. The DORA will apply to 20 distinct types of existing regulated financial entities.