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EU ESAs launch 2024 dry run for DORA registers on financial entities’ ICT third-party providers; submissions July-August 2024 ahead of 2025 reporting

Published on: 15 April 2024

Published by an LexisNexis Ireland - Banking & Financial Services expert
Legal News
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DIGITAL FINANCE AND INNOVATION—JOINT COMMITTEE

The European Supervisory Authorities (ESAs)—EBA, EIOPA and ESMA—announced on 12 April 2024 that, in the month of May 2024, they will commence a voluntary exercise to gather registers of information on relevant contractual arrangements for the use of ICT third‑party service providers by financial entities. Under the Digital Operation Resilience Act (DORA), from the start of 2025, financial entities must maintain registers of information about their use of ICT third‑party providers. In this dry run exercise, such information will be sourced from financial entities through their...

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