As the Digital Operational Resilience Act (DORA) prepares to reshape the regulatory landscape for digital asset providers by 2025, businesses are under increasing pressure to implement robust operational resilience strategies. As JWG and Memery Crystal’s ‘Decoding DORA’s Digital Asset Impact’ roundtable, held under Chatham House rule with industry experts revealed this month, the distinct challenges
Despite various regulatory initiatives, the road to robust operational resilience is far from clear. We are still very much in the “foothills” of creating effective, adaptable resilience frameworks. Firms and their suppliers should view the Digital Operational Resilience Act (DORA) as the foothills of the Operational Resilience (OpRes) mountain, not the gold standard. By the
By matm_admin
RegCast Season 5: Episode 4 – The OpRes Standards Mountain In the wake of significant IT failures and looming regulatory deadlines, operational resilience has moved to the forefront of boardroom agendas. RegCast Season 5 offers a deep dive into the evolving landscape of risk management as dictated by regulatory authorities. Failing to address your organization’s
By matm_admin
This week, ten leading financial institutions gathered at JWG’s Winning the OpRes Marathon roundtable in London to debate the evolving challenges of the Digital Operational Resilience Act (DORA) and other global Operational Resilience (OpRes) regulations. Hosted by First Derivative and facilitated by JWG under the Chatham House Rule, the discussions underscored the urgency for financial
In today’s interconnected world, operational resilience has become a top priority for financial institutions. With the implementation of the EU’s Digital Operational Resilience Act (DORA), organizations are being urged not only to get ready for storms, but to strengthen their overall infrastructure and how their fate is tied to the fleets they sail with. Captains
By matm_admin
RegCast Season 5: Episode 3 – Building OpRes technology muscle In the wake of significant IT failures and looming regulatory deadlines, operational resilience has moved to the forefront of boardroom agendas. RegCast Season 5 offers a deep dive into the evolving landscape of risk management as dictated by regulatory authorities. Failing to address
In the global race for Operational Resilience (OpRes), climbing the DORA hill is the ultimate test for financial entities in Q125. JWG’s analysis reveals that DORA standards equips institutions for the UK’s requirements but the gap between UK obligations and DORA will trip some runners up. The reality is becoming clear: financial entities and their
By matm_admin
In the wake of significant IT failures and looming regulatory deadlines, operational resilience has moved to the forefront of boardroom agendas. RegCast Season 5 offers a deep dive into the evolving landscape of risk management as dictated by regulatory authorities. This season is a must-listen for financial industry professionals who need to understand the shifting
Background: The EU digital asset agenda is not all about MiCA. To offer digital assets in Europe and the UK, firms and their suppliers will need to adhere to the EU Digital Operational Resilience Act (DORA) and corresponding UK regime in Q1 2025. Key insight: JWG, the industry’s regulatory think-tank has used its AI-natural language
This summer, EU regulators delivered final Digital Operational Resilience Act (DORA) standards and the FS sector now has a little under 100 days for a ‘great repapering’ of policies, contracts, procedures, control logs, regulatory reports and supplier databases. Billions are being spent as lawyers and consultants prepare for board room panics in September over this