European Commission Proposals for Digital Operational Resilience Regulation and Amending Directive 

The European Commission has published proposals for a new EU Regulation on digital operational resilience for the financial sector and a new EU Directive amending certain pieces of existing EU financial services legislation to strengthen digital operational resilience and provide legal certainty on crypto-assets. The new legislation has been proposed as a result of the risks arising from the increase in digital opportunities within the financial sector. There are currently no detailed rules at...
By: Shearman & Sterling LLP

Shearman & Sterling LLP