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Preparation Continues for the Digital Operational Resilience Act

Fusion Risk Management

Operational resilience has been top of mind for regulators and financial services firms for the past few years. Since the pandemic’s start, the world has continued to demonstrate that disruption is happening and only increasing in frequency and complexity. Audit Access. Oversight Framework. Information Sharing.

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The Digital Operational Resilience Act is Finalized – Now is the Time to Act

Fusion Risk Management

The regulation is intended to make compliance obligations less confusing and provide greater security for consumers by creating unified standards for third-party risk monitoring, performance, and auditing. . Financial institutions and their supervisory authorities will help to define a critical TSP by undergoing a risk assessment.