Chapter VIII — Delegated acts
Exercise of the delegation
Summary
Empowers the European Commission to adopt delegated acts to supplement DORA with technical details and adjustments, subject to oversight by the European Parliament and Council who may revoke the delegation or object to specific acts.
Key Requirements
- 1
Commission empowered to adopt delegated acts supplementing DORA
- 2
European Parliament and Council retain oversight and revocation rights
- 3
Delegation subject to defined conditions and time limits
Detailed Analysis
Article 57 establishes the procedural framework for the European Commission's power to adopt delegated acts under DORA. Delegated acts allow the Commission to supplement the regulation with technical details, adjust thresholds, and adapt requirements to market developments — without requiring a full legislative process.
The delegation is subject to important democratic safeguards. Both the European Parliament and the Council retain the right to revoke the delegation entirely or to object to specific delegated acts within a defined period. This ensures that the co-legislators maintain ultimate control over the regulatory framework while allowing the Commission the flexibility to address technical matters efficiently.
The practical significance of this article lies in its role enabling the detailed RTS and ITS that give DORA its operational specificity. The broad framework established in DORA's main articles is complemented by these delegated and implementing acts, which provide the granular requirements that financial entities must implement.
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