The Digital Operational Resilience Act (DORA) is a transformative force in the funds sector, reshaping the relationships between financial entities, financial markets and ICT providers to achieve greater digital resilience. As 2024 stands as a pivotal year for DORA’s implementation, our CMS Funds experts are sharing insights on the challenges and key components of this transformation in our upcoming video series, covering the following key com­po­nents:Back­ground and objectives of DORAScope of DORAOutsourcing of critical or important functionsWhat does digital operational resilience mean in practice?What will change for regulated businesses in terms of internal gover­nan­ce?Res­pon­si­bi­li­ty of the management of in-scope entitiesKey contractual provisions in agreements with ICT third party service pro­vi­der­sICT-re­la­ted incident managementEntry into force and what regulated business should do until thenNext steps: delegated acts and review of DORA impacts by the CommissionUK legislation: Effect of DORA on UK financial entitiesUK legislation: Critical Third Parties

Investment vehicle Fonds voor gemene rekening (FGR)Com­man­di­tai­re vennootschap (CV)Fiscale be­leg­gings-in­stel­ling (FBI) 1. Form Fonds voor gemene rekening (FGR) Contractual Commanditaire vennootschap...

Disclaimer: This chapter was last updated on 8 September 2023 and does not reflect any subsequent developments. The information provided is intended for general informational purposes and should not be...

1. Summary of private placement provisions for fund interests (if applicable) An AIFM whose seat is in Guernsey, Jersey, the US (provided that the US AIFs are registered with the SEC) or Hong Kong (provided...

1. EEA AIFMs AIFMs who are authorised in their EEA home State that has implemented the AIFMD may exercise passport rights for management and marketing of AIFs to professional investors (pro­fes­si­o­ne­le...

1. EEA UCITS Schemes  EEA Management Companies that are authorised in their home Member State to manage an EEA UCITS Scheme may exercise passporting rights for the marketing of units of an EEA UCITS...

16.11.2023