THIRD-PARTY RISK MANAGEMENT

DORA: Key Provisions and Best Practices

Familiarize yourself with the new ICT-related demands placed on financial institutions in the EU so you can achieve compliance in time for DORA enforcement.

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The EU’s Digital Operations Resilience Act (DORA) came into force on January 16th 2023, and will be enforceable starting January 27th 2025. Organisations looking to achieve compliance must determine how this regulation will impact their supplier ecosystem and what the regulatory authorities expect them to accomplish by the 2025 deadline.

To protect your organisation from the mounting cybersecurity threat and to achieve compliance in time for DORA enforcement, it is necessary to understand the ICT-related practices regulated by DORA and the tools available to help you achieve compliance. This white paper will provide an overview of the key provisions of DORA and their implications for Third-Party Risk Management (TPRM) teams, list best practices for DORA preparation and review key considerations for teams looking to implement the DORA framework.

This white paper will cover:

  • Key DORA provisions
  • Entities regulated under DORA
  • Implications for third-party risk management teams
  • Best practices for achieving DORA compliance
  • Considerations for DORA implementation

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