The DORA regulation will officially come into effect on January 17, 2025, imposing significant fines on non-compliant financial institutions—reaching up to €10 million or 5% of their annual revenue. Many organizations are not yet prepared, as highlighted by the recent CSSF readiness survey, emphasizing the need for immediate action.
The LHoFT, in partnership with Fundvis, is assembling vital solution providers focused on three essential areas—legal compliance, data management, and cybersecurity—to assist Luxembourg’s financial sector in achieving readiness for the DORA regulation. This interactive gathering aims to unveil tailored solutions, facilitate connections with industry experts, and ensure that financial institutions are adequately prepared.
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This initiative aims to equip participants for DORA and contribute to a more resilient and compliant financial community in Luxembourg.
Take action today—time is of the essence!