With just 12 months until the European Union’s Digital Operational Resilience Act (“DORA”) comes in to force, UK companies who provide financial services into the EU need to begin preparing for compliance.

DORA is a wide ranging piece of legislation, aimed at increasing the resilience of the EU’s financial services sector by ensuring firms are able to withstand, respond to, and recover from, all types of information and communications technology (“ICT”) related disruptions and threats.

This article provides an overview of the contractual implications DORA has for UK financial services firms.