FIA is committed to improving the digital operational resilience of the EU financial sector, ensuring the successful initial implementation of the Digital Operational Resilience Act (DORA) and maintaining ongoing compliance with DORA requirements.
It is within this context that FIA, together with five other trade associations, has co-signed a joint statement that draws the European Supervisory Authorities’ attention to the challenges that industry participants, including financial entities as well as ICT third-party service providers, are facing regarding the implementation of DORA by the 17 January 2025 deadline.
The joint statement also highlights the need for coordinated supervisory action to be taken in response and asks for further guidance and clear communication from the ESAs on their supervisory and enforcement priorities.
Read the joint statement.