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Preparation Continues for the Digital Operational Resilience Act

Fusion Risk Management

Currently, TSPs are subject to financial service providers’ requirements via contractual obligations (such as the European Banking Authority’s third-party outsourcing requirements). The DORA broadens the oversight framework to include information sharing, better audit access, and guidance on retrospective analysis. Audit Access.

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

Fusion Risk Management

The DORA is an expansion of the groundbreaking operational resilience requirements first set forth by the Bank of England , FCA, and PRA. The DORA is landmark legislation that is the first of its kind that focuses on how regulated entities manage their ICT risk.