Tag: Regulations

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Unraveling DORA: Enhancing Digital Resilience in Finance

Sushant SengarLeave a Comment on Unraveling DORA: Enhancing Digital Resilience in Finance

In September 2020, the European Commission unveiled a groundbreaking initiative aimed at revolutionizing digital risk management for financial entities and critical ICT service providers. The Digital Operational Resilience Act (DORA), formally known as Regulation (EU) 2022/2554, represents a significant leap forward in fortifying digital operational resilience within the financial sector. DORA officially came into force […]

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Navigating the EU AI Act: A Comprehensive Overview

Sushant SengarLeave a Comment on Navigating the EU AI Act: A Comprehensive Overview

In a significant stride toward regulating artificial intelligence (AI), the European Union proposed the EU AI Act as a draft regulation on April 21, 2021. Fast forward to December 8, 2023, and the political consensus across all three EU institutions marked a crucial step toward making this regulatory framework a reality. The EU AI Act […]

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