When the UK’s financial regulators finalised their new third-party reporting rules, they did something regulators rarely do: they told firms, explicitly, that the requirements were designed to line up. The PRA and FCA published aligned rules on the same day, with shared templates and a single submission system for dual-regulated firms. The incident report matches […]
When the Prudential Regulation Authority published PS7/26, most third-party risk teams filed it under “reporting requirements” and moved on. That was a mistake twice over. First, because the updated SS2/21 buried in its appendices changes what regulators expect firms to know about every material third party they rely on. And second, because the PRA didn’t […]
As a DORA-regulated entity, you face pressure to shape up your supplier risk management program to align with DORA mandates. Meanwhile, you are strapped for time and resources that prevent you from building a standardized, repeatable program that supports operational resilience.
The enforcement deadline for the EU Digital Operations Resilience Act (DORA) is approaching fast—as of January 27th 2025, European financial organisations and their information and communications technology (ICT) providers will be liable to penalties if their cybersecurity and third-party risk management practices do not meet to new requirements featured in the bill. This bill marks […]
The EU’s Digital Operations Resilience Act (DORA) will be enforceable starting January 27th 2025, and many teams are scrambling to get their organisations into compliance before they face a potential penalty. DORA preparation is a cross-departmental, time consuming job that detracts from everyday TPRM work, but by studying and addressing the key DORA provisions, your […]
As a DORA-regulated entity, you face pressure to shape up your supplier risk management program by January 2025, the regulation's enforceable deadline. Achieve DORA readiness and build a standardized, repeatable program that supports operational resilience with ProcessUnity's best practices.