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DORA Demystified: Dispelling 5 Myths for ICT Service Providers

The EU’s Digital Operational Resilience Act (DORA) comes into force from 17 January 2025. Under DORA, in-scope regulated financial services (FS) businesses operating in the EU (Firms) face new cybersecurity requirements and...more

European Digital Compliance: Key Digital Regulation & Compliance Developments - May 2024

To help organizations stay on top of the main developments in European digital compliance, Morrison Foerster’s European Digital Regulatory Compliance team reports on some of the main topical digital regulatory and compliance...more

New European Fintech Regulations Affecting ICT Providers

Both the EU and the UK are taking steps to enhance the rules in the financial services sector to add a new layer of direct regulation for key technology providers to banks and other regulated financial services institutions –...more

10 Key Digital Regulation & Compliance Developments

For many years, the regulation of digital markets has been a key priority in Europe. In 2015, the European Commission committed the EU to the creation of a digital single market – and that commitment spawned a series of...more

Financial Services Technology Outsourcing: The UK Regulators Flex Their Muscles

It’s all very well to issue regulatory guidance – but it’s what you do to enforce it that really counts. The UK financial services regulatory agencies have imposed fines exceeding $2 million on a UK bank that did not...more

Cloud Computing: A move towards harmonization, or continuation of a tiered service provision?

Regulators in Europe have continued to publish guidance notes designed to encourage the take-up of cloud computing services. As we report in this Alert, the views of the UK financial services regulator on the risks and...more

Cloud Computing in the Financial Services Sector – the UK FCA Gets On-Message

It’s been a long wait but the UK’s financial services regulator, the Financial Conduct Authority (FCA), has published proposed guidance for UK-regulated financial services firms when using cloud computing solutions to...more

Technology Outsourcing and UK Financial Services Regulation

The UK financial services regulator, the Financial Conduct Authority, has published a new list of considerations for regulated financial services firms planning to use third-party technology to support their operations. The...more

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