ESMA_QA_2248

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/2248

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Regulatory Context

Regulation : DORA

Level 1 Regulation: Regulation (EU) 2022/2554 - The Digital Operational Resilience Act (DORA)

Level 2 Regulation: No information available

Level 3 Regulation: No information available

Topic: Digital operational resilience testing

Subject Matter: Size Thresholds for Self-Managed AIFs and UCITS

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Question

Submission Date: 12 August 2024

We have been discussing a number of queries submitted by the local industry regarding practical difficulties when applying the definitions of micro, small and medium-sized enterprises as per Article 3 points (60), (63) and (64) of the DORA Regulation to self-managed AIFs and UCITS. We would like to obtain further clarification on the correct and proportionate interpretation of “annual turnover”, “total assets” and “employees” in the context of self-managed AIFs and UCITS.

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ESMA Answer

Answer Date: 12-08-2024

This question has been rejected because it seeks confirmation of a requirement already clearly set out in the regulation.

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This document was automatically extracted from the ESMA EMIR Q&A database.