Nov 19, 2024 Bank of England drafts fundamental rules for financial market infrastructure By James Morris Simon Treacy In a consultation the Bank of England proposes requiring UK financial market infrastructure to meet 10 new Fundamental Rules. The rules...
Nov 15, 2024 Shaping resilience: the UK’s new blueprint for critical third parties to the financial sector By Declan Mcloughlin Simon Treacy Duncan Campbell Newly finalised rules on the regulation of critical third parties (CTPs) will soon add a new dimension to the UK’s operational resilience...
Jul 30, 2024 The missing DORA technical standard on subcontracting is found By Harry Eddis Raza Naeem James Morris Olivia Murphy +1 more... Show less The European Supervisory Authorities (ESAs) have finalised their much-anticipated technical standard on subcontracting ICT services...
Jul 17, 2024 ESAs finalise second batch of DORA Level 2 rules – but one is missing… By Raza Naeem James Morris Simon Treacy The European Supervisory Authorities have finalised more technical standards under the EU’s Digital Operational Resilience Act. EU...
Jul 04, 2024 EU institutions explore AI in financial services By Simon Treacy As our mid-year legal outlook shows, the legal impact of AI adoption is not limited to the tech sector. Financial services firms are...
Apr 11, 2024 EU regulators offer dry run of DORA register reporting By Raza Naeem Simon Treacy European financial firms can try out a key aspect of their DORA compliance this summer. Firms should get in touch with their regulators...
Oct 09, 2023 How critical is critical? European Supervisory Authorities issue DORA Technical Advice By Simon Treacy Jamie Johnson DORA, the EU’s regime for operational resilience, imposes obligations on technology firms providing critical services to the financial...
Sep 29, 2023 EU shows how daunting DORA is by mapping how tech firms support financial services By Raza Naeem Jimi Piggott-Bader Simon Treacy Survey suggests financial firms use a wide range of ICT providers……but rely on a relatively small group to support their most important...
Sep 05, 2023 Hidden dangers in the DORA technical standards By Simon Treacy Raza Naeem There are pitfalls for the unwary in the EU’s Digital Operational Resilience Act. DORA opens up new regulatory risks for financial...
Jun 07, 2023 Quickfire discussion on criteria for critical tech providers under DORA By Jimi Piggott-Bader Simon Treacy New EU rules on operational resilience will bring providers of critical ICT services under the supervision of financial authorities....
Oct 26, 2022 The growing importance of operational resilience By Sumit Indwar Simon Treacy Six months since the UK operational resilience rules started to apply, Sumit Indwar hosted a panel on the growing importance of...
Jul 29, 2022 Cloud the issue: Regulators explain how they might oversee service providers By Simon Treacy The UK regulators have already introduced rules for regulated firms to build their operational resilience. Now they are turning their...
Jun 08, 2022 Cloud’s on the horizon for UK regulators By Simon Treacy HM Treasury has confirmed that the UK regulators will be given powers to oversee tech companies which serve the financial sector....
Dec 07, 2021 What’s on the regulatory horizon for UK payments in 2022? By Simon Treacy Our UK Payments Horizon Report 2022 sets out the important regulatory milestones for the year to come. The report covers the FCA’s...
Jun 24, 2021 Why operational resilience is the new tool in the regulators’ toolkit By Simon Treacy There’s something very satisfying about finding you have the right tool for the job. For a regulator, the tools of their trade are the...