International Regulatory Strategy Group
Published 8 Jan 2021
The IRSG supports the Commission’s aim of further enhancing the resilience of the European financial services industry, and places the utmost value on cyber security and risk management. Resilience is crucially important to the whole financial and professional services ecosystem, and the lack of financial services resilience has a detrimental impact on the wider economy.
In response the Digital Operational Resilience Act (DORA), the IRSG – with support from DLA Piper – has summarised its key concerns with the legislation as proposed. These can broadly be split into three themes: