
Publication
Navigating regulatory challenges in data centres
Businesses investing in, financing or operating data centres face a complex matrix of laws and regulatory requirements.
Global | Publication | January 2023
On December 27, 2022, the European Regulation on digital operational resilience for the financial sector was published. It entered into force on January 17, 2023 and will apply as of January 17, 2025.
The objective of DORA is to enable the European financial sector (construed broadly) to remain resilient in the event of a serious operational disruption as well as to prevent and mitigate cyber threats.
In particular:
The scope of the Regulation is very broad. DORA targets Luxembourg entities engaged in financial and insurance sectors, including, amongst others:
As well as any Luxembourg branches of the aforementioned entities.
DORA requires Member States to lay down rules on appropriate, effective, and proportionate criminal and administrative penalties and remedial measures for its breaches.
Publication
Businesses investing in, financing or operating data centres face a complex matrix of laws and regulatory requirements.
Publication
On 25 February 2025, Singapore’s Infocomm Media Development Authority (IMDA) published two Advisory Guidelines on the Resilience and Security of Data Centres (DC Guidelines) and Cloud Services (CS Guidelines) (collectively, the Advisory Guidelines).
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