DORA – The EU’s proposal on the future of digital operational resilience Author: Ganado Advocates Published on March 29, 2021 DORA – The EU’s proposal on the future of digital operational resilience 13 April 2021 at 1400 hrs It is rather self-evident that information and communication technologies play an indispensable role in the financial services industry – even more so during the COVID-19 pandemic which forced all of us to work remotely, and also with the constant rise of cybercrime. In September 2020, European Commission circulated its draft Digital Operational Resilience Act (COM (2020) 595 or DORA) with the main aim of establishing a more streamlined and all-encompassing framework on digital operational resilience. While reinforcing and tying together into one legislative instrument the existing patchwork of several inconsistent and, often unnecessarily duplicated, past EU initiatives which permeate across the financial services world, DORA aims to safeguard the strength and resistance of the financial services infrastructure when such is faced with austere operational disruption. Join us as we discuss the positive outcomes from DORA’s debut, whether the text of the proposal is in need for improvement and what is the outlook and the next steps for DORA. Featured speaker Leonard Bonello, Partner Registration Participation is free of charge upon registration. Go back