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ESAs to run voluntary dry run exercise to prepare industry for the next stage of DORA implementation
The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today announced that they will launch in May the voluntary exercise for the collection of the registers of information of contractual arrangements on the use of ICT third-party service providers by the financial entities. Under the Digital Operation Resilience Act (DORA) and starting from 2025, financial entities will have to maintain registers of information regarding their use of ICT third-party providers. In this dry run exercise, this information will be collected from financial entities through their competent authorities and will serve as preparation for the implementation and reporting of registers of information under DORA.
Preparations for reporting of DORA registers of information
The ESAs launch first recruitments to set up DORA joint oversight team
The European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) today published three vacancy notices in the context of the Digital Operational Resilience Act (DORA).
This announcement comes as part of the establishment of a fully integrated team within the 3 ESAs (“joint oversight team”) to carry out the oversight of critical third-party providers (CTPPs) required by DORA. The team will include a Director, Legal Experts and ICT Risk Experts.
Guidelines on resubmission of historical data under the EBA reporting framework
EBA guidelines establishing a common approach for financial institutions to resubmit historical data under the EBA reporting framework, covering error corrections, compliance obligations, and supervisory assessment for consistent and high-quality regulatory reporting.
The EBA publishes its final Guidelines on resubmission of historical data under the EBA reporting framework
The European Banking Authority (EBA) today published its final Guidelines on the resubmission of historical data under the EBA reporting framework. The Guidelines provide a common approach to the resubmission of historical data by the financial institutions to the competent and resolution authorities in case of errors, inaccuracies or other changes in the data reported, in accordance with the supervisory and resolution reporting framework developed by the EBA.
ROPAp - Recruitment of TAs, CAs and SNEs
European Banking Authority (EBA) record detailing personal data processing for recruiting Temporary Agents, Contract Agents, and Seconded National Experts under EUDPR, covering selection procedures, data sharing with EU agencies, and compliance with EU Staff Regulations and EBA decisions.
Register of the Joint Q&As
MREL Dashboard - Q3 2023
EBA Q3 2023 MREL Dashboard – reports on minimum requirement for own funds and eligible liabilities (MREL) across EU banks, covering resolution planning, MREL requirements, shortfalls, and resources by member state and bank type.
Notification from Luxembourg Commission for the Supervision of Financial Sector
CSSF announces the court-ordered dissolution and winding-up of Fortuna Banque s.c. following cessation of banking activities, appointing a liquidator and triggering deposit guarantee fund intervention for affected depositors under Luxembourg law.
Notification from Liechtenstein Financial Market Authority
Liechtenstein Financial Market Authority (FMA) announces bankruptcy proceedings for Sora Bank AG, triggering payout and compensation under the Deposit Guarantee and Investor Compensation Act (EAG), with client deposits and investments protected up to statutory limits by the EAS foundation.
SGOR Call
Monday 8th April at 10:00 to 16:00 (virtual event)
MREL dashboard
Introductory workshop for CAs on DORA 2024 ad hoc data collection exercise
Monday 8 April 2024, 14:00 - 15:30, Virtual event
Roundtable on the review of the EU covered bond framework
Thursday 11 April (15:00 to 17:10) & Friday 12 April (9:45 to 12:30)