§ DORA · Article 34
DORA Article 34: Obligations, Deadlines & Penalties
At a glance
Article 34 of the DORA imposes 3 obligations on Lead Overseers.
§ Obligations
All obligations under Article 34
Obligation 1
The three Lead Overseers shall set up a Joint Oversight Network (JON) to coordinate among themselves in the preparatory stages and to coordinate the conduct of oversight activities over their respective overseen critical ICT third-party service providers.
Regulation (EU) 2022/2554, Article 34, Article 34
- Obligated entity
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Lead Overseers
- Action required
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set up
- Deadline
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—
- Penalty
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—
Obligation 2
The Lead Overseers shall draw up a common oversight protocol specifying the detailed procedures to be followed for carrying out the day-to-day coordination and for ensuring swift exchanges and reactions.
Regulation (EU) 2022/2554, Article 34, Article 34
- Obligated entity
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Lead Overseers
- Action required
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draw up
- Deadline
-
—
- Penalty
-
—
Obligation 3
The Lead Overseers shall periodically revise the common oversight protocol to reflect operational needs, in particular the evolution of practical oversight arrangements.
Regulation (EU) 2022/2554, Article 34, Article 34
- Obligated entity
-
Lead Overseers
- Action required
-
revise
- Deadline
-
—
- Penalty
-
—
§ Frequently asked
Questions about Article 34
Who must comply with Article 34 of the DORA?
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Lead Overseers.
What does Article 34 of the DORA require?
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set up draw up revise