ESAs – Trial run regarding the implementation of the Digital Operation Resilience Act (DORA)

On April 11th, the European Supervisory Authorities (ESAs), ESMA, EBA and EIOPA, announced the launch of a voluntary trial run regarding collection of the registers of information of contractual arrangements on the use of ICT third-party service providers by the financial entities requested under the DORA (Regulation) in May 2024.

The dry run exercise has the purpose to gather information on the ICT services entrusted by financial entities to third-party ICT providers and to prepared the finical entities to the coming into force of the Dora Regulation.

Financial entities, participating in the dry run, are required to submit their reporting documents to the ESAs between July 1st and August 30th (on such activity the ESAs will be supported by the national supervisory authorities).

ESAs will provide feedback on the quality of the data received.