ecrop
as a financial services institution and its customers, and describes the implementation and compliance with DORA requirements at ecrop
. The focus is on ICT risk management, incident management, testing procedures, and reporting obligations. DORA will come into effect on January 17, 2025, and will have significant impacts on financial institutions’ processes and systems.
ecrop
, as a crypto securities registry manager under § 1 Para. 1a Sentence 2 No. 8 KWG and as a crypto custodian under § 1 Para. 1a Sentence 2 No. 6 KWG (financial services institutions), falls within DORA’s scope. ecrop
’s customers (issuers) using the white-label platform for crowdinvesting are also indirectly affected by DORA, as they must consider operational resilience requirements in their contracts with ecrop
. This particularly applies to ICT risk management, incident management, testing procedures, and reporting obligations.
ecrop
GmbH’s Customersecrop
’s customers (issuers) who offer crypto securities through the white-label platform. According to Article 2 Paragraph 1 DORA, issuers are also required to meet the regulation’s requirements, particularly regarding their ICT systems’ operational resilience.
ecrop
’s white-label platform must consider DORA’s operational resilience requirements in their contracts with ecrop
. This particularly concerns ICT risk management, incident management, testing procedures, reporting obligations, and ICT third-party monitoring. Issuers must ensure their processes and systems comply with DORA requirements and technical regulatory standards (RTS) and that they can respond appropriately to ICT-related incidents. ecrop
GmbH supports its customers in meeting these requirements and provides necessary information and resources.
ecrop
: ecrop
supports its customers in implementing and complying with DORA requirements. The white-label platform is designed to meet DORA’s technical requirements and associated technical regulatory standards (RTS). Additionally, ecrop
offers its customers tools, templates, best practices, and training to support them in implementing, documenting, and monitoring required processes and measures. ecrop
also ensures the platform is regularly checked and updated for DORA compliance.