On 4 June 2021, the European Central Bank issued an opinion on the proposed Regulation on operational resilience for the financial sector.
In its opinion the ECB provides both general and specific observations on the proposed Regulation. In its general observations the ECB welcomes the proposed Regulation which aims to enhance cyber security and operational resilience within the financial sector. The ECB also states in its general observations that it would welcome under the proposed Regulation rules on personal data and data retention.