AFB Practice Roundtable: Managing the Implementation of DORA (for non-EU headquartered banks)

AFB, in partnership with Eversheds Sutherland, is hosting an in-person practice roundtable for non-EU banks on managing the implementation of DORA.  This session will provide an opportunity to discuss with other non-UK headquartered banks the challenges they are experiencing in addressing practical considerations.  

Why attend?

The DORA regulation has a broad scope and will impact financial entities.  This session will look at some key focus areas for banks – ICT risk management frameworks, continuous monitoring and control of ICT systems and tools, third party risk management (including managing contractual arrangements with ICT third-party service providers) and business continuity plans. 

AFB will circulate an agenda and a series of questions to those registered to attend in advance which will be used to aid the discussion.

There will be refreshments and networking from 08:30, before the discussion starts at 09:00.

Note that capacity for the roundtable will be limited to 30 members, one person per member bank, so please book early to avoid disappointment.

Who should attend?

This in-person roundtable is aimed at senior members of IT and Operations functions, as well as Risk, Legal and Compliance functions from non-EU banks with a subsidiary or branch establishment in an EU state.

What will members gain for use at their bank?

An update on the progress being made within AFB members banks on preparation for DORA following the publication of the second batch of technical standards in July 2024.

Facilitators

Craig Rogers, Partner, Technology and Outsourcing, Eversheds Sutherland

Craig is a partner in the London office of Eversheds Sutherland. He specialises in advising banks and other financial institutions on technology, outsourcing and operational resilience. Craig worked with the AFB membership in preparing its response to the FCA, PRA and Bank of England coordinated consultation on Operational Resilience, Outsourcing and Third Party Risk (2019-2021).  He is currently supporting a number of major global banking clients on Operational Resilience programs under PRA SS1/21, DORA and equivalent rules in the US and Asia.  Craig also acts as a s166 Skilled Person (Technology and Information Management).

Stephanie Shepherd, Senior Associate, Technology and Outsourcing, Eversheds Sutherland

Stephanie is a senior associate in the London office of Eversheds Sutherland. Stephanie regularly assists banks and other financial institutions with navigating the regulatory framework which applies to third party arrangements in the financial services sector and is currently supporting a number of large financial institutions prepare for their compliance with DORA.

Logistics

Cost:        Included in AFB membership (no fee)

Location:  Eversheds Sutherland LLP, 1 Wood Street, London EC2V 7WS

Date:        Thursday 3 October 2024

Time:        08:30 – 10:30 (Arrivals and networking 08:30 – 09:00)

If you would like to submit a question before or have any specific questions or areas that you would like the session to address, please send them to the AFB at secretariat@foreignbanks.org.uk as soon as practicable. You will receive details on how to join the session a week before the event.