Season 4: Episode 1 - Digital Operational Resilience Act (DORA) Part 1

The Compliance Files

In today’s episode, Kathy Jacobs, former President of Compliance Institute speaks with Chris Martin, Of Counsel, Financial Regulation and Compliance, A&L Goodbody and Chair of Compliance Institute’s Central Steering Committee on the topic of DORA and Chris gives us an understanding about the regulatory framework around operational and IT resilience.

Chris outlines the backdrop to regulating for IT and operational resilience and provides an overview of how has the regulation developed and sets out the current legal framework. Chris also advises if the Central Bank has conducted any inspections or other regulatory or supervisory interventions and what have we learnt from enforcement action in this area. Chris takes us through the are the sanctions at the regulators disposal and also looks to the future and what developments can we expect from in the short - medium term.