European Union: Issued ESAs and ENISA MoU to strengthen cooperation and information exchange

On 5 June 2024, the European Supervisory Authorities (ESAs) announced the conclusion of a multilateral Memorandum of Understanding (MoU) aimed at enhancing cooperation and information exchange with the European Union Agency for Cybersecurity (ENISA). This MoU formalises the ongoing discussions between the ESAs and ENISA to reinforce their already cooperation, driven by the Directive on measures for a high common level of cybersecurity (NIS2 Directive) and the Digital Operational Resilience Act (DORA). The MoU establishes a framework for cooperation and information exchange on tasks of mutual interest, including policy implementation, incident reporting, and the oversight of critical Information Communication Technologies (ICT) third-party providers. It also aims to promote regulatory convergence, facilitate cross-sectoral learning and capacity building in areas of mutual interest, and enhance information exchange on emerging technologies.