As the evolution of payments continues at a rapid pace it is important that industry participants are up to date on the regulatory developments supporting and guiding these developments. This publication outlines the key...more
The European Supervisory Authorities (“ESAs”) published a roadmap to designate critical ICT third-party service providers (“CTPPs”) under the Digital Operational Resilience Act (“DORA”). To designate an ICT third-party...more
Firms involved in implementing changes to comply with new rules under the EU Digital Operational Resilience Act (DORA) have questioned whether financial services provided by other regulated firms may fall within the...more
The EU Digital Operational Resilience Act (“DORA”) is due to apply from 17 January 2025. It is designed to ensure regulated financial entities can withstand and recover from technology issues such as cyber events and...more
The UK’s Financial Conduct Authority (FCA) has published its observations on the response by regulated firms to the global IT incident that occurred in July 2024. The incident has been widely reported as one of the most...more
The three European Supervisory Authorities (EBA, EIOPA and ESMA) published the second batch of level 2 rules under the Digital Operational Resilience Act (“DORA”) on 17 July 2024....more
London Tech Week 2024 took place on 10-14 June this year. Our attendees, Daniel Lee, Robert Fett and Telha Arshad, observed some key themes throughout the event, including the UK’s robust position as an investment hub for...more
The European Union Cloud Services Scheme (“EUCS”) is a certification framework for cloud services introduced under the EU Cybersecurity Act. Currently still under consultation, the EUCS, once finalised, will be implemented by...more
The UK’s financial regulators have responded to the government’s White Paper on its approach to regulating the use of artificial intelligence and machine learning (AI). Publications from the Financial Conduct Authority (FCA),...more
Amidst the backdrop of the recent release of the close-to-final EU AI Act and the UK government’s response to the AI White Paper, discussions regarding the need of AI regulations in the UK are gaining momentum. The timely...more
On 28 November 2022, the European Council adopted the Digital Operational Resilience Act (“DORA”), concluding the final step in the EU legislative approval process and on 16 January 2023 DORA entered into force. DORA will be...more
The G7 - comprising seven of the world’s leading economies - has published a set of principles designed to promote the safe use of artificial intelligence systems, together with a code of conduct to assist organisations in...more
At our recent Health Care AI Law and Policy Summit, Hogan Lovells attorneys Dan Whitehead, Bonella Ramsay, Louise Crawford, and Imogen Ireland convened with industry leaders virtually at the Health Care AI Law and Policy...more
In recent years, operational resilience has come under the spotlight of financial regulators globally, leading to a proliferation of new regulation. The sheer number of publications on this topic can be confusing for...more
3/25/2021
/ Capital Requirements ,
Cloud Computing ,
EIOPA ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Services Industry ,
Information and Communication Technology (ICT) ,
MiFID II ,
Payment Services Directive ,
Regulatory Agenda ,
Solvency II ,
UK Brexit
In recent years, operational resilience has come under the spotlight of financial regulators globally, leading to a proliferation of new regulation. The sheer number of publications on this topic can be confusing for...more