Question ID: 2995 - DORA034
Regulation Reference: (EU) 2022/2554 - Digital Operational Resilience Act (DORA)
Status: Rejected
Date of submission: 14 Feb 2024
Question
How is “on an ongoing basis“ defined (Article 3 No. 21 DORA)?
Background of the question
Explanation: It would be advisable to give orientation. Otherwise all financial entities will interpret and apply this undefined legal term differently.
EIOPA answer
This question has been rejected because it is an institution-specific question requiring bespoke advice.