News & Analysis as of October 18, 2024

Financial Services Industry

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The EU’s Digital Operational Resilience Act 2022/2554 (DORA)

BCLP on 9/23/2024

Long IT sub-contracting chains can make it hard for financial institutions to understand the vulnerabilities in their IT estate and the location of key functions (where these may be located in entities who do not have a...more

Joining the Dots - Will the UK’s New Critical Third Party Rules Truly Move the Dial for Financial Institutions?

BCLP on 2/12/2024

The announcement in 2021 of the intention to implement new rules directly targeting the types of tech service provider relied on by most financial institutions may be a necessary corrective given the heavy market...more

Operational resilience, third party risk management and impact tolerance in the time of Coronavirus

White & Case LLP on 3/12/2020

On 5 December 2019 the Bank of England (Bank), UK Prudential Regulation Authority (PRA) and UK Financial Conduct Authority (FCA) published coordinated consultation papers and policy on new requirements to strengthen...more

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Third-Party Service Provider › Bank of England › Financial Services Industry

The EU’s Digital Operational Resilience Act 2022/2554 (DORA)

Joining the Dots - Will the UK’s New Critical Third Party Rules Truly Move the Dial for Financial Institutions?

Operational resilience, third party risk management and impact tolerance in the time of Coronavirus

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