EP693: DORA will transform third party risk management in EU financial services

Rich Cooper, Head of Financial Services Go to Market, Fusion Risk Management The countdown to DORA is ticking away. Unlike existing regulations, the coming Digital Operational Resilience Act establishes technical standards that extend to third party tech service providers to identify, assess and mitigate risks that could affect financial services firms’ core business. Final details of the new DORA regime are expected in H2 but the compliance deadline looms – 17 January 2025 – if it is not alr...