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DORA

DORA Article 21. Centralisation of reporting of major ICT-related incidents

  • 1.
    The ESAs, through the Joint Committee, and in consultation with the ECB and ENISA, shall prepare a joint report assessing the feasibility of further centralisation of incident reporting through the establishment of a single EU Hub for major ICT-related incident reporting by financial entities. The joint report shall explore ways to facilitate the flow of ICT-related incident reporting, reduce associated costs and underpin thematic analyses with a view to enhancing supervisory convergence.
  • 2.
    The joint report referred to in paragraph 1 shall comprise at least the following elements:
    • (a)
      prerequisites for the establishment of a single EU Hub;
    • (b)
      benefits, limitations and risks, including risks associated with the high concentration of sensitive information;
    • (c)
      the necessary capability to ensure interoperability with regard to other relevant reporting schemes;
    • (d)
      elements of operational management;
    • (e)
      conditions of membership;
    • (f)
      technical arrangements for financial entities and national competent authorities to access the single EU Hub;
    • (g)
      a preliminary assessment of financial costs incurred by setting-up the operational platform supporting the single EU Hub, including the requisite expertise.
  • 3.
    The ESAs shall submit the report referred to in paragraph 1 to the European Parliament, to the Council and to the Commission by 17 January 2025.

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