EBU Single Rulebook Q&A 4 September 2023 2023_6876 DORA Regulation & Applicability to Third-Country Branches

Is Regulation (EU) 2022/2554 (DORA) applicable to third-country branches that are licensed in our country (EU country) as Credit Institutions? It is our understanding that Credit Institutions that are third-country branches licensed in an EU country would be included in scope of the DORA Regulation and, thus, so would the requirements of the Regulation apply.