European Parliament and Committee on Economic and Monetary Affairs and Committee on the Internal Market and Consumer Protection and Committee on Industry, Research and Energy 10 November 2022, P9_TA(2022)0381 Digital finance: Digital Operational Resilience Act (DORA) European Parliament legislative resolution of 10 November 2022 on the proposal for a regulation of the European Parliament and of the Council on digital operational resilience for the financial sector and amending Regulations (EC) No 1060/2009, (EU) No 648/2012, (EU) No 600/2014 and (EU) No 909/2014 (COM(2020)0595 — C9-0304/2020 — 2020/0266(COD)) P9_TC1-COD(2020)0266 Position of the European Parliament adopted at first reading on 10 November 2022 with a view to the adoption of Regulation (EU) 2022/… of the European Parliament and of the Council on digital operational resilience for the financial sector and amending Regulations (EC) No 1060/2009, (EU) No 648/2012, (EU) No 600/2014, (EU) No 909/2014 and (EU) 2016/1011

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The Digital Operational Resilience Act (DORA) aims to enhance the digital operational resilience of the financial sector within the EU, amending several existing regulations. Key provisions include requirements for financial entities to establish robust ICT risk management frameworks and incident reporting mechanisms. The regulation will be enforced by national competent authorities, ensuring compliance across the financial sector.AI