header-logo header-logo

Digital resilience: the clock is ticking

202997
Charles Maurice & Brigitte Simpson explore the UK impact of DORA—the incoming EU Digital Operational Resilience Act—in the financial services sector
  • The EU Digital Operational Resilience Act (DORA) is due to be implemented from 17 January 2025.
  • The UK has also received a major update via the new critical third parties oversight regime, and the crossover between the EU and UK regimes will be an interesting feature to monitor as the new rules mature.

The clock is ticking on the remainder of the EU Digital Operational Resilience Act (DORA) implementation period, and the deadline of 17 January 2025 will shortly be upon us. In-scope organisations throughout the sector will have been busy preparing for this moment, but as it arrives it is worth also taking stock of the potential impact on UK-based organisations.

DORA is part of the EU digital finance package and is designed to address risks posed to the financial services sector by technological disruptions and digital threats, such as cybersecurity incidents. The DORA Explanatory Memorandum sets out further background around

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Gateley Legal—Jack Kelly

Gateley Legal—Jack Kelly

Gateley Legal expands Midlands residential development team

Gibson Dunn—Richard Surtees

Gibson Dunn—Richard Surtees

Gibson Dunn adds employee benefits and executive compensation practice in London with partner Richard Surtees

Laytons ETL—Alec Cameron

Laytons ETL—Alec Cameron

Laytons ETL appoints new partner and head of intellectual property disputes

NEWS
A series of recent decisions has clarified important principles across property law, from perpetuities to lease renewals and public rights over land
Employers cannot rely on wellbeing services alone to defend workplace stress claims after a High Court decision awarding almost £1m to an overworked employee
Andy Burnham's brand of 'Manchesterism' could offer fresh thinking on legal aid and access to justice if it reaches Westminster, according to Roger Smith, NLJ columnist and former director of JUSTICE
The constitutional fallout from a change of prime minister, rather than the politics, is under scrutiny as questions arise over the limits of executive authority in a leadership transition
The legal profession is undergoing a fundamental shift from selling services to creating technology-enabled products, according to Professor Luke Mason, Head of School of Law at Regent's University London
back-to-top-scroll