October 23, 2024 (NO COMMENTS)

As 2025 deadline looms, CCP and exchange members seek risk information that’s usually deemed confidential

Central counterparties (CCPs) and exchanges fear information disclosure requests from their bank members will become excessive under the current interpretation of new European legislation. The European Union’s Digital Operational Resilience Act (Dora) enters into force in January 2025, and will require financial institutions such as banks and asset managers to have a better handle on the operational risks stemming from their third-party technology providers. Amid uncertainty over how to interpret