ESMA Prioritises Cyber Risk and Digital Resilience in 2026 Supervisory Strategy

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The European Securities and Markets Authority (ESMA) has announced that cyber risk and digital resilience will remain central to its Union Strategic Supervisory Priorities (USSPs) for 2026. This follows strong engagement from national competent authorities (NCAs) and aligns with the implementation of the Digital Operational Resilience Act (DORA), enhancing ICT risk management and supervisory coordination across EU financial markets. ESMA urges NCAs to sustain supervisory momentum into 2026, as…
By: A&O Shearman
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