The EU's Digital Operational Resilience Act (DORA) is ushering in significant changes to the way financial firms and their suppliers must operate, and organisations have just over 12 months to become fully compliant.
If you provide any form of digital or data service into the financial services sector, you are likely to be affected by the obligations under DORA. These include strict requirements to update contract terms and to engage in enhanced pre-contract due diligence.
In this fourth article of our series on DORA, we look at what IT suppliers into the financial services sector should be doing right now to ensure they are prepared for the regulation coming into force
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.