Von Renate Prinz | Oct 31, 2024 | Dora, EU
Digital threats and cyberattacks are increasing every year. In 2023, digital threats caused damages of more than €200 billion in Germany, of which 72% resulted from cyberattacks (source: Bitkom, study on economic protection 2023). To counter the threat to the...
Von Renate Prinz | Oct 29, 2024 | Dora, EU
McDermott Will & Emery’s financial regulatory partner Renate Prinz authored in Finextra that explored what DORA (the EU’s Digital Operational Resilience Act) entails, what its contents and objectives are, and what relevant companies need to do now to be DORA...
Von Annabelle Rau | Oct 10, 2024 | Banking Law, Crypto Regulation, Financial Services, Payment Services
Following the initial steps with the Future Financing Act (“ZuFinG I”), the Federal Ministry of Finance presented the draft of the Second Future Financing Act (“ZuFinG II-E” and “Draft Bill”) on 27 August 2024. The Draft Bill aims...