Jul 30, 2024 The missing DORA technical standard on subcontracting is found By Harry Eddis Raza Naeem James Morris Olivia Murphy +1 more... Show less The European Supervisory Authorities (ESAs) have finalised their much-anticipated technical standard on subcontracting ICT services...
Jul 17, 2024 ESAs finalise second batch of DORA Level 2 rules – but one is missing… By Raza Naeem James Morris Simon Treacy The European Supervisory Authorities have finalised more technical standards under the EU’s Digital Operational Resilience Act. EU...
Jul 04, 2024 EU institutions explore AI in financial services By Simon Treacy As our mid-year legal outlook shows, the legal impact of AI adoption is not limited to the tech sector. Financial services firms are...
Apr 30, 2024 Bank of England steers market infrastructure to “test the unlikely” before operational resilience deadline By Simon Treacy The Bank of England has warned financial market infrastructures that they still have considerable work to do before operational...
Apr 11, 2024 EU regulators offer dry run of DORA register reporting By Raza Naeem Simon Treacy European financial firms can try out a key aspect of their DORA compliance this summer. Firms should get in touch with their regulators...
Apr 09, 2024 The BoE and PRA are getting ready to enforce against more firms. Are you impacted? By Duncan Campbell The Bank of England and PRA are preparing to take enforcement action against a wider range of firms. They've proposed new enforcement...
Mar 22, 2024 UK lays out six-month process to choose critical third parties By Raza Naeem Jimi Piggott-Bader Simon Treacy Businesses that support the UK financial services sector may be designated as a “critical third party” under incoming rules. The...
Mar 05, 2024 FCA outlines its approach to enforcing critical third party regime By Raza Naeem Simon Treacy Tech firms that support financial services should note a new consultation from the Financial Conduct Authority. The FCA, along with the...
Feb 27, 2024 Commission finalises approach to criticality criteria and oversight fees under DORA By Jimi Piggott-Bader Simon Treacy Raza Naeem The European Commission has adopted two delegated regulations under the EU’s Digital Operational Resilience Act. This builds on advice...
Jan 24, 2024 Opening panDORA’s box: ESAs finalise first batch of DORA Level 2 By Raza Naeem Jimi Piggott-Bader Simon Treacy The European Supervisory Authorities have submitted to the European Commission the first batch of draft technical standards under DORA....
Jan 22, 2024 Payments in 2024 #1 – Breaking down the DORA: Why payments firms need to prioritise operational resilience By Harry Eddis Frances Hodgkins Arjun Lakhani Olivia Murphy Bethan Poole Simon Treacy +3 more... Show less 2024 is the year of DORA. With less than twelve months before the Digital Operational Resilience Act starts to apply, payments firms in...
Dec 20, 2023 Cyber focus: UK regulators publish 2023 CBEST findings By Simon Treacy In the last few years, cyber and operational resilience has shot to the top of financial regulators’ agenda. And as wave after wave of...
Dec 15, 2023 ESAs release second batch of DORA level 2 standards By Raza Naeem Jimi Piggott-Bader Simon Treacy The EU’s Digital Operational Resilience Act starts to apply in January 2025. Before then the European Supervisory Authorities need to put...
Dec 13, 2023 Financial Regulation Legal Outlook 2024 By Rakhee Pattani Our Financial Regulation Outlook 2024 explores the key regulatory developments that we expect to see in the Banking, Asset Management and...
Dec 07, 2023 Get ready: Principles-based regulation is coming to (some) tech firms By Duncan Campbell Financial services firms are familiar with the UK financial services regulators' Principles-based regulation. And with the most optimal...
Nov 20, 2023 EBA speech draws connection between AI and operational resilience By Raza Naeem Terry Yiangou Simon Treacy Amber Heron +1 more... Show less The European Banking Authority has published a speech by its chair, José Manuel Campa, on operational resilience in EU financial...