Regulatory Alerts2025-02-11
Added · Updated
Circular to the Industry on Updates to FIR/01 following Applicability of the DORA Regulation
The Malta Financial Services Authority issued this circular on February 11, 2025, to communicate updates to FIR/01 necessitated by the applicability of the Digital Operational Resilience Act. The document serves as a formal notification to the industry regarding regulatory adjustments aligned with the new DORA requirements. It ensures that regulated entities are informed of the specific changes to the existing framework to maintain compliance with the updated digital operational resilience standards.
Source: Malta Financial Services Authority — original document
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Circular Triq l-Imdina, Zone 1 Central Business District, Birkirkara CBD 1010 +356 2144 1155 communications@mfsa.mt www.mfsa.mt Circular to the Industry on Updates to FIR01 following Applicability of the DORA Regulation This circular is an update to Circular titled Transposition of Directive (EU) 2022/2556 on Digital Operational Resilience for the Financial Sector – Amendments to the Authority’s Rules published by the Authority in December 2024. As detailed by the latter circular, Regulation (EU) 2022/2554 (the ‘DORA Regulation’) is accompanied by Directive (EU) 2022/2556 (the ‘DORA Amending Directive’), for which the transposition deadline is 17 January 2025. Pursuant to the above, the MFSA has today published an updated FIR01, transposing the relevant amendments made to the Payment Services Directive vide the DORA Amending Directive. Further information on the legislative measures required to implement the DORA Regulation and nationally transpose the DORA Amending Directive will be published in due course. Authorised Persons may request further information by sending an email to the Supervisory ICT Risk and Cybersecurity function on sirc@mfsa.mt. 11 February 2025
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