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Data Security › European Banking Authority (EBA)

A&O Shearman

European Banking Authority publishes amending guidelines on ICT and security risk management in the context of DORA

A&O Shearman on

The European Banking Authority (EBA) has published a final report with amending guidelines in respect of Guidelines EBA/GL/2019/04 on ICT and security risk management. The EBA reviewed the Guidelines in light of the Digital...more

Venable LLP

Offensive Security Under the EU Digital Operational Resilience Act (DORA)

Venable LLP on

The Digital Operational Resilience Act (DORA) regulation is part of the European Union’s (EU) strategy to enhance the overall stability of the EU financial system by ensuring that financial entities are resilient to digital...more

Orrick - Finance 20/20

EBA Publishes Discussion Paper on Use of Consumer Data by Financial Institutions

Orrick - Finance 20/20 on

On May 4, 2016, the EBA published a discussion paper on innovative uses of consumer data by financial institutions, in line with its mandate to monitor financial innovation. The EBA report notes that although general...more

Morrison & Foerster LLP

FinTech Focus: New European Directive on Payment Services (PSD2) Comes into Force

Morrison & Foerster LLP on

On 12 January 2016, the long-awaited revised Payment Services Directive (“PSD2”) came into force in Europe. This replaces the Payment Services Directive (“PSD”) that has been in place since 2007. The deadline for EU member...more

Cooley LLP

Blog: “Strong Customer Authentication” & “Secure Communication” Under The Second Payment Services Directive

Cooley LLP on

The second Payment Services Directive (PSD2) is expected to come into force in January 2016, and to apply to payment services providers from January 2018. When it comes into force, PSD2 will give the European Banking...more

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