Beginning 17 January 2025, the Digital Operational Resilience Act (DORA) will apply to almost all EU financial entities, including banks, insurers and reinsurers, brokers , payment and electronic money institutions,...more
1/20/2025
/ Cryptoassets ,
Cybersecurity ,
Data Security ,
Digital Operational Resilience Act (DORA) ,
EU ,
Financial Institutions ,
Financial Services Industry ,
Information and Communication Technology (ICT) ,
Information Technology ,
Regulatory Requirements ,
Risk Management
On 18 December 2024, the German Parliament (Bundestag) passed the Act on the Digitalization of Financial Markets (Finanzmarktdigitalisierungsgesetz, the "Act"). The Act is intended to complement key measures of the European...more
12/24/2024
/ Capital Markets ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Digital Operational Resilience Act (DORA) ,
EU ,
European Commission ,
Financial Markets ,
Financial Services Industry ,
Germany ,
Regulatory Oversight
What is a Management Body? Under both DORA and NIS2, a management body can be a body with managerial and/or supervisory functions. The powers and structure of management bodies vary within the EU Member State, and managerial...more
3/8/2024
/ Compliance ,
Cybersecurity ,
Data Breach ,
Due Diligence ,
EU ,
European Commission ,
Financial Services Industry ,
Information Technology ,
Liability ,
Member State ,
Policies and Procedures ,
Risk Mitigation ,
Supply Chain ,
Third-Party Service Provider