EU regulators consult on techncial standards for Digital Operational Resilience Act
The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) launched today a public consultation on the draft Regulatory Technical Standards (RTS) on the conduct of oversight activities in relation to the joint examination teams under the Digital Operational Resilience Act (DORA).
0
External
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
The primary goal of the draft RTS is to lay out the criteria for determining the composition of the joint examination teams - ensuring a balanced participation of staff members from the ESAs and from the relevant competent authorities - as well as the designation of the members, their tasks, and working arrangements.
These draft RTS aim at ensuring maximum efficiency and effectiveness regarding the functioning of the joint examination teams, given their central role in the daily oversight of critical ICT third-party service providers (CTPPs). The proposed technical standards take into account the high technical complexity of the oversight activities and the scarce availability of the expertise needed to perform them.
Next steps
The ESAs invite stakeholders to submit their comments on the draft RTS by 18 May 2024 using the links available on the consultation page.
All contributions received will be published following the end of the consultation, unless requested otherwise.
The DORA and the related RTS will apply from 17 January 2025.