Press Release

Annerton offers a modular DORA program

Berlin, Frankfurt a.M., Munich, July 01, 2024 With the DORA Regulation, the EU is responding to the growing ICT security and cyber risks in the financial sector. The regulation places high demands on financial institutions and their service providers. Annerton Rechtsanwaltsgesellschaft now offers a modular program that accompanies financial companies step by step on the way to DORA compliance.

The deadline is 17.01.2025

With DORA, Regulation (EU) 2022/2554 on digital operational resilience in the financial sector (Digital Operational Resilience Act), the EU has created a regulation for cybersecurity, information and communication technology (ICT) risks and digital operational resilience for the entire financial sector, which poses a variety of challenges for institutions. By the deadline of January 17, 2025, the affected companies will have to complete a wide range of steps in order to comply with the strict requirements.

Josefine Spengler, Annerton lawyer and specialist lawyer for IT law, knows the challenges facing financial institutions: “The implementation of DORA is of crucial importance for every financial company. DORA not only strengthens operational resilience, but also ensures that the company remains robust and competitive in an increasingly digitalized and cyber risk-driven world. Given the strict deadline of 17.01.2025, the implementation of DORA must be tackled without delay.”

DORA-ready in 5 modules

Annerton’s DORA program includes five modules that can be booked as required. For example, a GAP analysis can be booked at the beginning to determine the specific need for action. A document review and the renegotiation of contracts are just as much a part of the program as technical support for DORA implementation projects.

Further information on the DORA program: https://www.annerton.com/dora

About Annerton

Annerton Rechtsanwaltsgesellschaft mbH is an independent law firm specializing in regulatory law in the financial sector. Since 2020, Annerton Rechtsanwaltsgesellschaft mbH in Germany and Annerton S.A. in Luxembourg have been advising established international institutions and corporations as well as innovative start-ups in the banking, financial services and digital economy sectors. Annerton currently has 28 lawyers, two tax advisors and other team members at its four offices in Berlin, Frankfurt am Main, Munich and Luxembourg.

Further information: https://www.annerton.com