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Document 52020PC0595

    Initiative summary:
    A financial services act applicable to regulated financial institutions will complete the single rulebook reinforcing the digital dimension of their operational resilience. The act would set a higher common baseline for Information and Communication Technology (ICT) risk for all financial services sectors in its scope and establish a coherent framework for the oversight of critical ICT providers (‘’ICT third party providers’’) to the financial institutions.
    EuroVoc thesaurus:
    digitisation; risk management; financial services; financial technology; outsourcing; information technology; information security; cloud computing; digital single market