On 10 February, DIGITALEUROPE and AFME (Association for Financial Markets in Europe) will hold a high-level joint roundtable bringing together policymakers, and financial services and technology providers to discuss the recently published Digital Operational Resilience Act (DORA). DORA, proposed by the European Commission in September 2020, aims to set up a new framework for the oversight of third-party providers, ICT-security standards, and incident reporting and testing, for financial services.
The roundtable will bring together key policy-makers, overseers and stakeholders from the wider industry, including rapporteur to the European Parliament, Billy Kelleher. Policymakers and the wider industry are now actively discussing how DORA can enable digital change and innovation across Europe, whilst ensuring high levels of industry resilience. Our roundtable will debate this key challenge, and opportunity, by providing a wide range of industry perspectives across the many aspects of digital operational resilience.
Together we will aim to answer some of the following questions which can help to support ongoing negotiations:
How will DORA provide assurances for financial services firms to embrace digital technology, like cloud computing?
How do we ensure technological neutrality, harmonisation, and proportionality so that the objectives of DORA can be achieved?
How can DORA be a catalyst for digital change and innovation in the EU, and globally?