Blog

The Digital Operational Resilience Act (DORA) Regulation, a pivotal piece of legislation in the European Union, is set to redefine the digital resilience landscape of the financial sector.

Insight into the European Banking Federation's influence on the Regulatory Technical Standards for ICT Incident Classification within the DORA Regulation. Highlights challenges in defining Critical Services and implementing Proportionality Principle.

January 2024 IASB and ISSB meetings highlighted IFRS standards' evolution, focusing on SMEs, sustainability, and transparency. Key topics included adapting IFRS for SMEs, integrating sustainability in financial reporting, and enhancing transparency in IFRS compliance

2024 marks significant updates to the UK's Solvency II Regulation, focusing on enhanced insurance branch supervision and ESG integration. These reforms are set to impact capital requirements, policyholder protection, and market competition.

2024 marks a pivotal year in financial services, with the European Union setting global standards in Artificial Intelligence (AI) Regulation. Balancing innovation and data privacy, these regulations shape the future of banks, fintech companies, and insurers.