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DORA Now Fully in Effect: Financial Entities and Their Service Providers Reach Critical Milestone

With DORA in effect and the European Banking Authority’s updated guidelines for non-ICT services under consultation, financial entities must consider their approach to third-party risk management. After DORA became effective...more

The Impact of AI Foundation Models on Competition, Consumers and Regulation: A View from the UK’s CMA

The Competition and Markets Authority (CMA), the UK’s competition regulator, announced this month that it plans on publishing an update in March 2024 to its initial report on AI foundation models (published in September...more

European Businesses Offering Payment Services Told How to Manage Operational and Security Risks

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

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