Castellan
NOVEMBER 29, 2021
Within this timescale, firms “must have performed mapping and testing so that they are able to remain within impact tolerances for each important business service. In a nutshell, the PRA sums this up in one sentence: firms need to take action, so they are able to provide their important business services within their impact tolerances.
Fusion Risk Management
JANUARY 5, 2023
Increasingly, financial services supervisory authorities are seeking to ensure that the third parties that are supporting a firm’s important business services meet all resilience requirements.
Fusion Risk Management
AUGUST 18, 2022
It also expands the scope of a regulator’s reach to those critical technology and data service providers that compose the digital footprint by which the important business services stand. Start with a risk assessment to determine how or if the DORA will affect your business as a covered financial entity or TSP .
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