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---
title: "ESMA Q&A 2310 — Q&A — Application of DORA to non-EU AIFMs of AIFs with EU [Question Rejected]"
shortTitle: "ESMA Q&A 2310 — Q&A — Application of DORA to non-EU AIFMs of AIFs with EU [Question Rejected]"
answer_id: ESMA_QA_2310
topic: "Digital operational resilience testing"
status: "Question Rejected"
type: qa
instrument_type: qa
authority: ESMA
binding: false
binding_character: non_binding
legal_status: withdrawn
regulation: "DORA"
dora_level3: true
mica_level2: false
legal_basis: "DORA"
date: 22 October 2024
source_link: https://www.esma.europa.eu/publications-data/questions-answers/2310
lifecycle: "Question Rejected"
text_version: "ESMA Q&A register, 22 October 2024"
source_url: "https://www.esma.europa.eu/publications-data/questions-answers/2310"
check_status: matched
verified: true
last_checked: 2026-10-26
checked_against: "the ESMA publication"
source:
  prepared_by: "not stated in the document"
  published_by: "ESMA"
  published_in: "ESMA Q&A tool"
  evidence:
    prepared_by: "ESMA_QA_2310"
    locator: "ESMA Q&A entry ESMA_QA_2310: no answer; no author named"
document_type: "qa_question"
legal_nature: "not_legislation"
addressees: "not stated in the document"
dates:
  question_submitted_on: "2024-10-22"
  locators:
    question_submitted_on: "ESMA Q&A Excel export ESMA_QA_2310, column 'Date of submission'"
lifecycle_label: "Question Rejected"
---

**Question published in the ESMA Q&A tool · no answer · not legislation [Question Rejected]**

*Question Rejected · ESMA Q&A register, 22 October 2024 · Checked against the ESMA publication on 26 Oct 2026 · [Official source](https://www.esma.europa.eu/publications-data/questions-answers/2310)*

| | |
|---|---|
| **Full title** | ESMA Q&A 2310 — Q&A — Application of DORA to non-EU AIFMs of AIFs with EU \[Question Rejected\] |
| **Prepared by** | Not stated in the document |
| **Published by** | ESMA, in the ESMA Q&A tool |
| **Reference** | ESMA_QA_2310 |
| **Document type** | Q&A |
| **Legal nature** | No answer · not legislation |
| **Addressees** | Not stated in the document |
| **Dates** | Question submitted 22 October 2024 |
| **Legal basis** | DORA |
| **Related instruments** | None recorded |
| **Text on this page** | Word for word — the full text of the ESMA publication |

**Application of DORA to non-EU AIFMs of AIFs with EU investors**

### Question

The scope of DORA includes (Article 2(1)(k) “managers of alternative investment funds”. Such an entity is defined in Article 3(44) as “... a manager of alternative investment funds as defined in Article 4(1), point (b), of Directive 2011/61/EU”. It is noted that the definition does not extend to the need to be authorised or registered under Directive 2011/61/EU. As such this can be read as meaning that all managers (regardless of their jurisdiction) of alternative investment funds could potentially fall within scope of DORA.

ESMA\_QA\_2107 clarifies that a financial entity in the EU is subject DORA and that DORA does not directly apply to a non-EU entity providing services to an EU financial entity – although DORA may apply indirectly to the non-EU entity given that the “EU financial entity is expected to validate that the non-EU third-party provider does not prevent it to be compliant with DORA”.

Does the same principle apply to non-EU AIFMs that manage AIFs (regardless of where those AIFs are established) which have investors based in the EU i.e. DORA will not directly apply to such non-EU AIFMs, but may apply indirectly if such investors are financial entities in the EU who are directly subject to DORA?

***

**Source:** [ESMA original document](https://www.esma.europa.eu/publications-data/questions-answers/2310)