EU
DORA takes effect: Digital resilience and cybersecurity in the EU
By Renate Prinz on 29. October, 2024
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 compliant next year. Here you can read the full article.
What To Expect From The EU’s New PSD3, PSR AND FIDA Regulations
By Annabelle Rau | Renate Prinz on 08. November, 2023
Posted In EU
The Payment Services Directive II (PSD2) has changed the payment services industry in Europe. However, many details remain open and impractical and the implementation of the directive and the administrative practices of local financial supervisory authorities differ greatly in some cases. A reform is now pending with PSD3, which aims for a higher degree of harmonization and will bring with it many new requirements for payment service providers.What are the most important changes and challenges facing the industry? How can payment service providers prepare? Read the article by Renate Prinz and Annabelle Rau to find out how the planned PSD 3 directive, the Payment Services Regulation (PSR) and the Framework Regulation on Access to Financial Data (FIDA) could change the landscape of payment services.
Click here for the full article.
