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---
title: "ESMA Q&A 2386 — Q&A — Applicability of DORA to third country investment [Question Rejected]"
shortTitle: "ESMA Q&A 2386 — Q&A — Applicability of DORA to third country investment [Question Rejected]"
answer_id: ESMA_QA_2386
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legal_status: withdrawn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: "article 2(1)(e) DORA"
date: 20 December 2024
source_link: https://www.esma.europa.eu/publications-data/questions-answers/2386
lifecycle: "Question Rejected"
text_version: "ESMA Q&A register, 20 December 2024"
source_url: "https://www.esma.europa.eu/publications-data/questions-answers/2386"
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_2386"
    locator: "ESMA Q&A entry ESMA_QA_2386: no answer; no author named"
document_type: "qa_question"
legal_nature: "not_legislation"
addressees: "not stated in the document"
dates:
  question_submitted_on: "2024-12-20"
  locators:
    question_submitted_on: "ESMA Q&A Excel export ESMA_QA_2386, 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, 20 December 2024 · Checked against the ESMA publication on 26 Oct 2026 · [Official source](https://www.esma.europa.eu/publications-data/questions-answers/2386)*

| | |
|---|---|
| **Full title** | ESMA Q&A 2386 — Q&A — Applicability of DORA to third country investment \[Question Rejected\] |
| **Prepared by** | Not stated in the document |
| **Published by** | ESMA, in the ESMA Q&A tool |
| **Reference** | ESMA_QA_2386 |
| **Document type** | Q&A |
| **Legal nature** | No answer · not legislation |
| **Addressees** | Not stated in the document |
| **Dates** | Question submitted 20 December 2024 |
| **Legal basis** | article 2(1)(e) DORA |
| **Related instruments** | None recorded |
| **Text on this page** | Word for word — the full text of the ESMA publication |

**Applicability of DORA to third country investment firms**

### Question

DORA also applies to the "financial entities" listed in [Article 2](../../../articles/2.md) DORA. This includes investment firms as defined in Article 4 point (1) of Directive 2014/65/EU. Reference is made to Article 2 subsection 1 under e. in conjunction with [Article 3](../../../articles/3.md) point (33) of DORA. Does this mean that DORA also applies to investment firms with their seats outside the EU which provide investment services in the EU?

***

**Source:** [ESMA original document](https://www.esma.europa.eu/publications-data/questions-answers/2386)