European Commission adopts RTS on the elements to assess when subcontracting certain ICT services under DORA

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The European Commission has adopted a Delegated Regulation supplementing Regulation 2022/2554 on digital operational resilience for the financial sector (DORA) with regard to regulatory technical standards specifying the elements that a financial entity has to determine and assess when subcontracting ICT services supporting critical or important functions. Articles 1 and 2 establish the rules on proportionality and group application……
By: A&O Shearman
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RTS on criteria for the composition of joint examination teams under EU DORA published in OJ