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Preparation Continues for the Digital Operational Resilience Act

Fusion Risk Management

Increasingly, financial services supervisory authorities are seeking to ensure that the third parties that are supporting a firm’s important business services meet all resilience requirements. 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

The DORA is an expansion of the groundbreaking operational resilience requirements first set forth by the Bank of England , FCA, and PRA. Financial institutions and their supervisory authorities will help to define a critical TSP by undergoing a risk assessment. Defining a Critical ICT. Enforcement of the DORA.