Europe’sfinancial supervisors have introduced a new set of operational instructions forreporting major information and communication technology incidents under theDigital Operational Resilience Act, known as DORA.London's trading industry is coming home!Publishedon 16 September 2026, the five-page document is short, but important. Itaddresses 14 practical issues identified in the reporting process, from thetreatment of monetary values and incident identifiers to third-party providerdetails, service downtime and economic impact. Its stated purpose is to improvedata quality and make reporting more consistent across EU jurisdictions.Why DORAWas So ImportantDORA becameapplicable on 17 January 2025, creating a common EU framework for ICT riskmanagement, incident reporting, resilience testing and third-party technologyrisk. It covers more than 20 categories of financial entity, includinginvestment firms, trading venues, payment and electronic money institutions,crypto-asset service providers, banks, insurers and fund managers.DORA wasimportant because it made digital resilience a direct regulatoryresponsibility. Technology failures were no longer treated mainly as internalIT or cybersecurity matters. They became financial stability, businesscontinuity and conduct issues requiring board-level oversight and a documentedregulatory response.What theNew Instructions Change, and What They Do NotTheSeptember instructions do not alter the legal perimeter of DORA. They do notexpand the list of regulated companies, change the meaning of a major incidentor impose new sanctions. They also leave the formal reporting route unchanged:firms continue to submit reports through the channels and formats establishedby their national competent authority.Whatchanges is the degree of operational clarity. The document identifies specificpractices that have made reports difficult to compare, process or analyse. Ittherefore narrows the room for interpretation when firms complete the existingtemplates.This marksa new stage in the operation of the established reporting framework.Supervisory attention is moving from the introduction of policies and templatesto the quality of the information submitted. A report may arrive on time andstill create problems if identifiers change between filings, monetary figuresuse different units, a field contains unnecessary text or the same third-partyprovider is described differently by several firms.Find thefull analysis, including a detailed breakdown of the reporting instructions, inour latest report from Finance Magnates Intelligence.This article was written by Sylwester Majewski at www.financemagnates.com.