Tech Providers in UK Financial Services Face Direct Regulation
IT providers in the U.K.'s financial services sector will soon face increased regulations.
The goal of the Financial Services and Markets Bill is to ensure the resilience of the banking industry by better regulating the IT providers that serve them. The regulations, which come from the Bank of England's Financial Policy Committee, are designed to align with the EU's Digital Operational Resilience Act (DORA). Learn more about these coming regulations by reading this article.
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Tech Providers in UK Financial Services Face Direct Regulation
published by NGenious Solutions, Inc.
NGenious Solutions Inc. is a Microsoft Gold Certified Partner offering cutting-edge IT solutions to enterprises and independent software vendors (ISVs). Since our inception in 2005, we have been consistently delivering IT services & solutions that are relevant, futuristic & scalable across a range of industries and technology segments.
With our corporate headquarters in New Jersey and an offshore engineering center in India, we render boutique-style, personalized services to provide digital solutions for even the most complex challenges and exceed customer expectations thus. We have succeeded in building a rich legacy of ready-to-go enterprise-class solutions for digital workplaces, expanding into a wide variety of industries that include education, retail, food, finance, legal, healthcare, marketing, non-profits, pharmaceuticals, etc.