Risks and the new EU act on financial security and data transparency.

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Risks and the new EU act on financial security and data transparency. 2

Recently, there have been a lot of calls from users due to RISK DISABLED. In 95% of cases, the case is closed without a positive solution for the user.

There is information that the problem is on the side of banks, which have not yet implemented a new system to work with the EU, the act of transparency and accountability of the financial sector operating in the EU.

DORA is a new European legislation aimed at increasing the digital resilience (i.e., the security of network and information systems, including throughout the failure period) of financial institutions in the European Union and reducing the risks associated with outsourcing to third-party service providers.

Read more at the links if you’re very interested: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32022R2554


I don’t know how this information will help you, but
This problem is temporary because all Financial Institutions working with the EU must implement a system of transparent reporting in the near future, but no later than 2025

Source of information: https://t.me/metamanag

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