The Digital Operational Resilience Act (DORA), or Regulation (EU) 2022/2554 of the European Parliament and of the Council, includes regulations for information and communication technologies (ICT) across the entire financial sector. DORA will be applied starting from January 17, 2025.
The new regulation affects two types of entities. On one hand, the entire financial sector, such as credit institutions, insurance, and reinsurance companies. On the other hand, ICT third-party service providers that offer ICT services and enter into specific contracts with financial companies.
Compliance with Regulation (EU) 2022/2554 is calculated based on the completion of the requirements catalog. By dividing DORA articles into multiple requirements, it is possible to identify and address deviations systematically. Additionally, CRISAM® offers this compliance check for the current RTS and ITS as well.
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