With the DORA compliance deadline on the horizon at the start of 2025, EU financial entities should be engaging in both internal and external preparations to meet their new regulatory obligations.
The EU Digital...more
There will be additional compliance obligations and mandatory contractual provisions introduced for financial entities and outsourced IT service providers.
The new DORA seeks to strengthen the resilience of financial...more
7/21/2023
/ Cybersecurity ,
Cybersecurity Framework ,
Data Privacy ,
Data Protection ,
Data Security ,
EU ,
Financial Institutions ,
Financial Services Industry ,
General Data Protection Regulation (GDPR) ,
Information and Communication Technology (ICT) ,
Information Technology ,
Internet Service Providers (ISPs) ,
New Legislation ,
New Regulations ,
Third-Party Service Provider
From September 30, 2019, new guidelines on outsourcing arrangements (Guidelines) issued by the European Banking Authority (EBA) will apply to all outsourcing arrangements entered into, reviewed or amended on or after this...more
Payment service providers operating in the EU must take note of new risk management requirements from the European Banking Authority.
The European Banking Authority’s operational and risk management guidelines apply to all...more
1/29/2018
/ Banking Sector ,
Capital Markets ,
Cloud Computing ,
Cybersecurity ,
EU ,
European Banking Authority (EBA) ,
Financial Conduct Authority (FCA) ,
Financial Institutions ,
Payment Systems ,
Policies and Procedures ,
Risk Management
Financial institutions should take note of, and make every effort to comply with, the European Banking Authority’s new cloud computing guidance which will be effective from 1 July 2018.
In order to clarify EU-wide...more
1/24/2018
/ Banking Sector ,
Capital Requirements Regulation (CRR) ,
Cloud Computing ,
Cloud Service Providers (CSPs) ,
Creditors ,
Data Processors ,
Data Protection ,
EU ,
Financial Institutions ,
MiFID II ,
Outsourcing ,
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