Session Details
Digital risks 2024: AI, Cyber, OpRes, OpRisk, TPRM

Start: at 15:30

Presenting Speakers

About the Session

By 2025, overlapping requirements to ensure operational resilience,  control third party risk and improve technology governance – including AI – will require unprecedented transparency and assurance from a vast, complex supply chain. What will this mean to the current organisational silos and how can the sector decode these fast-moving targets and reduce systemic risk?

Regulatory Challenges
  • BoJ use of cloud in FS survey results here UK Containerization guidance here, BIS managing cloud risk here
  • EC Digital Operational Resilience 01/24 standards hearing here rules here ESA DORA technical advice here
  • UK  ICO Generative AI data protection and GenAI here and HMG framework here
  • Netherlands AI masterplan here
  • Singapore model AI governance framework for generative AI here
  • FSI Insights on policy implementation No 53; Managing cloud risk 
  • US AI 012/24 fact sheet here strategic plan here and Whitehouse blueprint for AI bill of rights here 
  • EU Cyber resilience act here cybersecurity certification MRA here and background  here
  • APRA operational risk management – CPS 230 here PRA PS6/21 OpRes here
  • HMT Critical third parties here PRA DP3/22 CTP here / PRA SS2/21 Outsourcing and TPRM here
  • US  Interagency Guidance on Third-Party Relationships: Risk Management here
  • EU Artificial Intelligence Act leaked copies here and here original texts here and here
  • UK National AI action plan here ICO guidance on AI and data  here
  • EU  deforestation regulation here
  • EU Corporate sustainability due diligence (CSDDD) here 
New RegTech/SupTech drivers
  • Legal assessment of draft EU AI act text here
  • JWG Analysis: Decoding DORA standards: what it means here
  • JWG Analysis: Accountability for GenAI here
  • Forbes: New Financial Services Regs Will Require Comprehensive Action By Boards here
  • JWG research report ‘Managing Digital Infrastructure Risk: a collaborative path to financial services safety’ here
  • JWG analysis – the dawn of compliance FS infrastructure here
  • EBA prudential disclosures on ESG risk here
  • EBA Casper Platform here
  • RegCast – digital supply chain transparency here