Chapter IX: Transitional and Final Provisions (Articles 58-64)

How DORAedge enables compliance with DORA

Article 58: Review Clause

This article outlines the responsibilities of the European Commission to review certain aspects of the regulation by specific dates, after consulting with relevant authorities such as the ESAs and the ESRB. The review will assess areas such as the criteria for designating critical ICT third-party service providers, voluntary notifications of significant cyber threats, and oversight of third-country service providers. The review might lead to legislative proposals, but there are no actions required from DORAedge or its customers.

Article 59-63: Amendments to Existing Regulations

These articles detail amendments to various existing EU regulations (e.g., regulations on credit rating agencies, central counterparties, trade repositories, central securities depositories, and financial benchmarks) to align them with the digital operational resilience requirements of Regulation (EU) 2022/2554. These amendments ensure that entities like credit rating agencies, central counterparties, and others maintain proper ICT systems and business continuity plans in accordance with the new regulation. However, there is no direct action required from DORAedge or its customers.

Article 64: Entry into Force and Application

This article specifies that the regulation will enter into force 20 days after its publication in the Official Journal of the European Union and will apply starting from 17 January 2025. No immediate action is required from DORAedge or its customers.