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By Oriane KAESMANN, Research Manager the LHoFT
The clock is ticking for financial institutions across Europe as the January 17th deadline(1) for the Digital Operational Resilience Act (DORA) compliance approaches. Aimed at fortifying the operational resilience of financial entities, DORA sets out strict requirements for ICT risk management, incident reporting, resilience testing, third-party risk oversight, and governance. With such a firm deadline, the race to align with these regulations is on.
At a recent industry conference, experts and leaders from Elvinger Hoss(2), PwC Luxembourg(3), Fundvis(4), and Proximus(5) convened at the Luxembourg House of Financial Tech(6) (LHoFT) to tackle the practical hurdles posed by DORA. The discussions...
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