Insights

Is your business prepared for IT outages? Learn how a recent global disruption highlights the need for robust third-party risk management and digital resilience.

On December 8, 2023, the European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) launched the public consultation on the second batch of policy mandates under the Digital Operational Resilience Act (DORA). This public consultation covers six policy documents that will establish requirements for financial institutions. Read our article to find out more.

DORA will have a significant effect on enhancing the operational resilience of digital systems. By soliciting public input through this consultation process, the European Supervisory Authorities aim to ensure that the resulting technical standards align with industry best practices promote digital resilience and facilitate a robust and secure digital environment across the EU.

Grant Thornton’s agile team of operational resilience experts are ready to deliver proven solutions to our clients based on regulatory requirements and their strategic priorities. We leverage our vast industry experience of operational resilience engagements to assist you implement the guidance effectively on a day-to-day basis and to set future plans and strategies.

The Digital Services Act (DSA) is a proposed piece of legislation by the European Union that aims to modernize and harmonize the rules governing digital services across the EU.

Grant Thornton understands that the implementation of IAF will be a significant transformation project for all regulated firms in Ireland. Drawing on a wealth of experience garnered from the implementation of the equivalent frameworks in the UK, Australia and Singapore, we can ensure your organisation is set up for success throughout the various stages of compliance.