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Published on 27 February 2025

DORA – Postponement of notification to financial entities of their obligation to report a major incident on weekends or bank holidays

CSSF

In a communiqué dated 15 January 2025, the CSSF indicated that it would notify financial entities identified as those which, in accordance with Article 5(5), of the regulatory technical standards (RTS)1, cannot be exempted from reporting a major incident during weekends and bank holidays when the time limit for submitting notification of that incident falls on a weekend day or a bank holiday. This notification by the CSSF to the financial entities concerned was to have taken place before the end of February.

However, considering that Article 5(5) of the RTS refers to Directive (EU) 2022/2555 of 14 December 2022 on measures for a high common level of cybersecurity across the Union (NIS 2 Directive), the CSSF informs financial entities that the notification to the financial entities concerned of their obligation to report a major incident on weekends or bank holidays cannot take place until this Directive is transposed at national level and is therefore postponed.