In November 2024, the FSMA conducted a second survey to determine how prepared financial entities are for the application of the EU regulation known as DORA (Digital Operational Resilience Act), which begins on 17 January 2025. The DORA Regulation sets ambitious objectives in the area of digital operational resilience. The aim of the Regulation is to protect financial entities and their clients.
The results of the survey indicate that many financial entities are on the right track to meet the objectives laid down in DORA, but still need to make significant efforts to be fully in compliance with this Regulation.