Meet DORA – New Standards set by the EU’s Digital Operational Resilience Act

This package bridges a gap in existing EU legislation by ensuring that the current legal framework does not pose obstacles to the use of new digital financial instruments and, at the same time, ensures that such new technologies and products fall within the scope of financial regulation and operational risk management arrangements of firms active in the EU. Thus, the package aims to support innovation and the uptake of new financial technologies while providing for an appropriate level of consumer and investor protection.

The agenda will include items like:
• Update on Digitalization trends in the financial sector
• New EU regulatory & legislative developments related to digitalization in the Financial sector and elsewhere
• Introduction to the DORA: a new cybersecurity framework
• Cybersecurity and ICT risks as management board responsibility
• Direct EU supervision of major tech companies
• Global impact of DORA
• Comparison with current and future US regulations
• Discussion: how should US financials deal with DORA?

SPEAKERS:
• Alex Draaisma, Associate, NAUTADUTILH
• Liam Flynn, Partner, MASON HAYES & CURRAN
• Antoine Begasse, EU Finance Counsellor, DELEGATION of the EU to the US
• US Expert Fintech attorney to be announced