DORA

Digital Operational Resilience Act

ActiveOperational ResilienceEurope
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Jurisdiction
European Union
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Effective Date
2023
Jan 16, 2023
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Full Compliance
2025
Jan 17, 2025
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Regulator
EBA

Overview

DORA establishes uniform requirements for ICT security in the EU financial sector. It impacts Open Banking by setting standards for API security, incident reporting, and third-party risk management.

Scope & Coverage

ICT Risk ManagementIncident ReportingThird-Party Risk

Key Requirements

1
ICT risk management framework
2
Incident reporting
3
Digital resilience testing
4
Third-party risk oversight

Key Notes

Full compliance required by January 2025. Impacts all TPPs and banks.

Official Resources

Related Regulations

Other open banking frameworks in Europe:

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