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 Blue Nova Technology, LLC
Blue Nova Technology, LLC provides an extensive range of tech solutions, specializing in the Light-Life mobile application - an interactive, enterprise software platform. Designed to reshape customer experiences, Light-Life adeptly boosts sales, effectiveness of marketing campaigns, and customer loyalty. It becomes a powerful ally for your business, enabling customers to transact and request services from their devices whilst providing your establishment with crucial insights. A brainchild of innovation, it reimagines business-customer interactions between products, services, and venue boundaries.