Digital Operational Resilience in the Financial Services Sector: EU and UK Update

Summary

The article discusses the European Union's Digital Operational Resilience Act (DORA) and its implementation within the financial sector, highlighting its regulations on the use of ICT services. The article also compares DORA’s impact with the UK’s operational resilience regime. The key concept, 'Information Technology,' relates to the regulatory frameworks and requirements for ICT services in both jurisdictions. Tags like 'European Union directives,' 'ICT Services,' and 'United Kingdom' frame the context of these regulatory environments.