News & Analysis as of

Financial Institutions Subcontractors

A&O Shearman

EU RTS on subcontracting ICT services supporting critical or important functions under DORA published in OJ

A&O Shearman on

Commission Delegated Regulation (EU) 2025/532 has been published in the Official Journal of the European Union. The Delegated Regulation supplements the Digital Operational Resilience Act (DORA) with regard to regulatory...more

A&O Shearman

EC publishes draft delegated regulation on subcontracting RTS under DORA

A&O Shearman on

On March 24 2025, the European Commission (EC) adopted the final draft Delegated Regulation setting out Regulatory Technical Standards (RTS) for subcontracting ICT services supporting critical or important functions under the...more

Katten Muchin Rosenman LLP

DORA Compliance: Navigating the Latest Developments

On 24 March 2025, the following two developments relating to the implementation of the EU Digital Operational Resilience Act (DORA) took place...more

A&O Shearman

European Commission adopts RTS on the elements to assess when subcontracting certain ICT services under DORA

A&O Shearman on

The European Commission has adopted a Delegated Regulation supplementing Regulation 2022/2554 on digital operational resilience for the financial sector (DORA) with regard to regulatory technical standards specifying the...more

Pillsbury Winthrop Shaw Pittman LLP

The Challenge Organizations Face to Become DORA Compliant Is Not to Be Underestimated

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

Mitratech Holdings, Inc

Understanding 4th- and Nth-Party Risk: What Do You Need to Know?

Strategies for Mitigating Unseen Threats and Managing 4th- and Nth-Party Risk in Your Modern Business. Organizations today have transitioned from using on-site server rooms to relying on third-party services and cloud...more

Jenner & Block

Government Contracts Legal Round-Up | 2022 Issue 18

Jenner & Block on

Welcome to Jenner & Block’s Government Contracts Legal Round‑Up, a biweekly update on important government contracts developments. This update offers brief summaries of key developments for government contracts legal,...more

Bennett Jones LLP

Proposed Revisions to Guideline B-10 Would Affect Outsourcing by Financial Institutions to Fintechs

Bennett Jones LLP on

​​​​​​​Fintechs and other entities that contract with federally regulated financial institutions (FRFIs) should be aware of the possibility of more stringent requirements regarding risk management in their commercial...more

Latham & Watkins LLP

New Challenges for Transitional Services Agreements in Financial Services M&A

Latham & Watkins LLP on

Subcontractors, security, and audit and termination rights will require special consideration under forthcoming EBA outsourcing guidelines. Recent growth in divestiture and carve-out deals in the M&A landscape, including...more

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