Tim Wright, technology lawyer at Fladgate, commented: “Judging from the activity we are seeing, many financial institutions are not fully prepared for DORA implementation, suggesting varying ...
said Tim Wright, partner and technology lawyer at Fladgate. “On top of that, periodic penalty payments of up to 1% of average daily worldwide turnover can be imposed for continued non-compliance ...
“Initial implementation costs will be substantial, especially for smaller firms, relatively speaking,” said Tim Wright, partner and technology lawyer at Fladgate. “The expectation is that ...