🎧 What happens when your cloud provider fails or a cyberattack takes down your systems? This episode is all about Business Continuity Management (BCM) – and why it’s a critical regulatory requirement for banks and fintechs under DORA. Tune in now!
Business Continuity under DORA: A Must, Not a Nice-to-Have
In episode 104 of Alles Legal – Fintech-Recht kompakt, moderator Dana Wondra from Payment & Banking and Josefine Spengler, lawyer at Annerton, discuss the regulatory and operational requirements for Business Continuity Management (BCM) under the Digital Operational Resilience Act (DORA).
Josefine shares practical insights into common weaknesses and offers guidance on how financial institutions can establish and maintain effective emergency management strategies.
Key points include:
- Leadership responsibility and governance
- Recovery planning and realistic testing
- Contractual inclusion of third-party providers, including exit plans
- Integration of BCM into ICT risk management
DORA is clear: Business continuity is no longer just an IT issue, but a strategic imperative – even beyond corporate boundaries.
Adjust processes, review systems, document evidence: DORA’s requirements are diverse, and implementation calls for clarity and structure.
The Annerton DORA Monitor supports you on your journey to digital resilience: We summarise developments and practical tips for you in a concise format.
📥 Download the first edition free of charge now. – And sign up for our mailing list to be automatically notified by email whenever a new edition is released – ensuring you are reliably guided through the DORA jungle.
About this podcast
Alles Legal – Fintech Recht Kompakt delivers sharp, weekly insights into legal and compliance matters in the world of banking. (in German only)
This podcast is a collaboration between Payment & Banking and PayTechLaw.
Each Wednesday, we unpack the legal developments shaping the financial world – clearly, concisely, and without the legal jargon.
Since 2021, PayTechLaw authors and Annerton attorneys have brought depth and clarity to complex topics.
Whether it’s PSD3, DORA, or FiDA – we provide the legal context you need.
In 20 minutes. No detours.
