Blog
EU Single Market: Consumer Protection
The European Parliament's resolution marks a transformative era in the EU Single Market, focusing on ethical online services and consumer protection. This initiative drives innovation in user-centric design and reinforces compliance with EU legislation.
Basel 3.1 Capital Requirements
Basel 3.1 Standards are transforming UK banking, focusing on capital requirements and risk management. This key update aligns the UK with global financial norms, enhancing banking sector stability and competitiveness.
Cybersecurity Penetration Tests: ESA RTS
The ESA's initiative focuses on strengthening financial sector security through Cybersecurity Penetration Tests. This approach, aligned with EU Regulation 2022/2554, emphasizes digital resilience and mandates rigorous testing standards.
DORA Regulation: RTS on Subcontracting ICT Services
DORA Regulation marks a significant shift in the EU financial sector, focusing on ICT services outsourcing and operational resilience. It mandates thorough risk assessments, longer contract negotiations, and enhanced infrastructure investment for financial institutions.
DORA Regulation: EU cyber risk management
DORA Regulation, effective Jan 17, 2025, applies to 21 EU financial entities, focusing on cyber risk and ICT management. It promotes digital resilience, encourages collaboration, and targets risks in third-party ICT services, setting a new standard in the financial sector.