European Union: Introduced Proposal for a Regulation on digital operational resilience for the financial sector (DORA) including local operation requirement
Description
Introduced Proposal for a Regulation on digital operational resilience for the financial sector (DORA) including local operation requirement
On 24 September 2020, the European Commission submitted the Proposal for a Regulation on digital operational resilience for the financial sector (DORA) to the European Parliament and the Council of the European Union. The Proposal includes security …
Scope
Policy Area
Other operating conditions
Policy Instrument
Local operations requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), DLT development, infrastructure provider: cloud computing, storage and databases
Implementation Level
supranational
Government Branch
executive
Government Body
central government
Complete timeline of this policy change
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2020-09-24
under deliberation
2021-11-24
under deliberation
2021-12-07
under deliberation
2022-05-10
under deliberation
2022-11-10
under deliberation
2022-11-28
adopted
2023-01-16
in grace period