Quo vadis, financial sector? DORA comes into effect
The Regulation (EU) 2022/2554 on digital operational resilience in the financial sector (DORA) is a significant milestone in…
A new era in IT security: a comparison of NIS2 and DORA
As digitalization advances, companies and organizations are increasingly confronted with complex challenges around IT security and digital operational resilience. Within a few months, the European Union has adopted two important pieces of legislation to strengthen IT and cybersecurity, which will now come into force in the near future: the “Directive on measures for a high common level of cybersecurity across the Union” (NIS2) and the Digital Operational Resilience Act (DORA).
Material legal framework that payment service providers in the area of IT regulatory law need to know
We regularly shed a light on important legal and regulatory developments which are relevant for payment service providers…
Cloudy with a chance for DORA
ECB publishes consultation paper on cloud outsourcing On June 3, 2024, the European Central Bank (ECB) published a…
All about DORA – impact and recommendations for financial companies
What is DORA? With DORA, Regulation (EU) 2022/2554 on digital operational resilience in the financial sector (Digital Operational…
EU AI Act – What financial institutions need to know
The impact of artificial intelligence (AI) on the development of financial services ranges from the personalisation of the…
DORA takes shape – first package of final RTS/ITS to DORA published
EU regulators have published the final versions of an initial set of four technical standards for operational resilience…