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Bahamas officials urge balance between compliance and innovation in financial services
The TribuneLO·BS·about 3 hours ago
The European Banking Authority published guidelines on managing risks from non-IT subcontractors, harmonizing with the DORA regulatory framework. This extends strict third-party risk management requirements beyond IT services to all critical outsourcing, increasing compliance burden for EU financial institutions. The move signals continued regulatory tightening in the EU financial sector.
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