ESMA · ESMA_QA_2248 Answer Published
Size Thresholds for Self-Managed AIFs and UCITS
- Regulation
- Regulation (EU) 2022/2554 - The Digital Operational Resilience Act (DORA)
- Article
- Article 3 of the DORA Regulation points (60), (63) and (64)
- Topic
- Digital operational resilience testing
- Submitted
- 2024-08-12
- Answered
- 2024-08-12
Question
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.
Answer
This question has been rejected because it seeks confirmation of a requirement already clearly set out in the regulation.
This Q&A is published by European Securities and Markets Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
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