Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 02 DECEMBER 2022

Market Intelligence Thought Leadership Award Winner

Cybersecurity And Digital Resilience In Financial Services: Final Rules Adopted By EU Lawmakers

Taylor Wessing
Taylor Wessing
Contributor

Taylor Wessing

Founded in 1986 and formerly known as e|n|w|c Attorneys at Law, Taylor Wessing CEE today is the...

View firm profile
Explore more from Taylor Wessing

On 28 November 2022, two pieces of EU legislation that will set the new framework for digital resilience and cybersecurity across EU financial services and more broadly were adopted.

European UnionTechnology
Paul Voigt
Paul Voigt
Clare Reynolds
Clare Reynolds
Author LinkedIn connections

On 28 November 2022, two pieces of EU legislation that will set the new framework for digital resilience and cybersecurity across EU financial services and more broadly were adopted. At a time when digital finance, data and technology such as cloud computing present huge opportunities for financial services and FinTech, the 'NIS2 Directive' (a horizontal cybersecurity framework) and 'DORA' (a vertical resilience regime for financial services) will have significant implications for technology providers and users in the EU.

This briefing provides a quick introduction of the new legislation, implementation timeframe, and which businesses will be affected.

DORA: Digital resilience requirements for EU financial services firms and their (critical) ICT service providers

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Deepfakes, Chatbots, AI-Generated Text: European Commission Details Transparency Obligations Under The AI Act

The European Commission has published draft guidelines interpreting the AI Act's transparency obligations, establishing when and how organizations must disclose AI-generated content, deepfakes, and automated interactions. These guidelines clarify that deepfake labeling applies regardless of intent to deceive, that AI systems must identify themselves at the point of interaction, and that the editorial review exception for AI-generated text requires substantive human oversight with clear accountability.
European UnionTechnology
Greenberg Traurig
Greenberg Traurig
Article

Deepfakes, Chatbots, KI-Texte: EU-Kommission Konkretisiert Transparenzpflichten Der KI-Verordnung

The European Commission has published draft guidelines interpreting the AI Act's transparency obligations, establishing when and how organizations must disclose AI-generated content, deepfakes, and automated interactions. These guidelines clarify that deepfake labeling applies regardless of intent to deceive, that AI systems must identify themselves at the point of interaction, and that the editorial review exception for AI-generated text requires substantive human oversight with clear accountability.
GermanyTechnology
Greenberg Traurig
Greenberg Traurig
Article

Cybercrime & Compliance: Navigating Risks In A Digital World – A Conference Report

Herbert Smith Freehills Kramer's Frankfurt Corporate Crime & Investigations team hosted a conference examining cybercrime threats, AI-driven attacks, and the evolving responsibilities of corporate leadership in building cyber resilience. Senior representatives from law enforcement, industry leaders, and global legal partners explored prevention strategies, incident response protocols, and the complex liability landscape facing organizations in an increasingly digital threat environment.
GermanyTechnology
Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP