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Digital Resilience for Financial Services Firms | What is DORA?

The European Commission published a legislative proposal for a regulation on Digital Operational Resilience in the EU financial services sector ("DORA") back in September 2020. In parallel, the Bank of England (BoE), the Prudential Regulatory Authority (PRA) and the Financial Conduct Authority (FCA) have published new policies that set out requirements for regulated entities in relation to outsourcing and operational resilience

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