Tom Dunlop

September 11, 2024 | Corporate Counsel

The EU wants to bring a harmonious, standards-based approach to regulating how financial businesses monitor resilience and avoid ICT-related risks. Up until now, cloudy guidance on how this can be achieved creates further risk. Enter DORA with its intentions to provide clarity to financial entities. This includes expanded requirements that must be incorporated into contracts between financial entities and ICT third-party providers.

By Tom Dunlop

7 minute read