Tag: DORA
Navigating DORA compliance: The journey towards enhanced financial resilience
With only three months left until DORA becomes enforceable, the AFME has highlighted significant readiness challenges. According to Corlytics, at a recent panel in London,...
Unveiling transparency issues: Kidbrooke’s 2024 report on Swedish fund companies
In a revealing study conducted by Kidbrooke, the 2024 Fund Information Review highlighted significant gaps in how Swedish fund companies present crucial investment information to their clientele.
How new regulations and tech are shaping financial crime compliance
The landscape of financial crime compliance is rapidly transforming. Amidst political upheavals and technological advancements, the cost of compliance has become an integral part...
Ensuring digital resilience: How to prepare for DORA regulations
The Digital Operational Resilience Act (DORA), which took effect on January 16, 2023, is a crucial piece of legislation designed to bolster the digital resilience of the financial sector.
How EU’s financial services are preparing for DORA’s 2025 implementation
The Digital Operational Resilience Act (DORA) is set to redefine operational standards for financial entities across the EU.
How should RegTechs be preparing for DORA?
The DORA is a EU regulation that entered into force on 16 January 2023 and is currently set to apply as of 17 January 2025.
How to effectively manage third-party risks
The concept of third-party risk management is hardly a fledgling idea. However, as the world becomes ever-more digitised, cybersecurity threats are now looming larger than ever before. According to research from Soha Systems, more than 60% of data breaches can be traced back to third-party vendors. This means that an effective third-party risk management strategy is not just a luxury anymore - it is a necessity.
The key to financial innovation: Overcoming data aggregation challenges
In the ever-evolving world of financial services, the integration and management of diverse financial data stand as a cornerstone for innovation and customer satisfaction.
German FinTech funding declined 74% in 2023, as large deals dried...
Key German FinTech investment stats in 2023:
• German FinTech investment totalled at $911m in 2023, a 74% drop YoY
• German FinTech deal activity totalled...
German FinTech investment fails to surpass $1bn in 2023
Key German FinTech investment stats in 2023:
• German FinTech investment totalled at $911m in 2023, a 74% drop YoY
• German FinTech deal activity totalled...