Question ID: DORA133 - 3189
Regulation Reference: (EU) 2022/2554 - Digital Operational Resilience Act (DORA)
Topic: Other DORA topics
Status: Rejected
Date of submission: 15 Nov 2024
Question
An Insurance client has filed to discontinue operations in Europe and have stopped any new business. Their European exit is mid 2025. Would they need to comply with all parts of DORA or are there exemptions? Could they apply for an extension?
Background of the question
We are trying to help the company comply with EU regulations and need to understand the scope of their problems, as the timeline is too tight now.
EIOPA answer
This question has been rejected because it is seeking a bespoke advice.