DORA applies to a wide range of 20 types of financial entities, including banks, insurance companies, investment firms, management companies and crypto-asset service providers. The legislation also ...
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Ministry of Science and ICT Releases AI Basic Act Draft
The Ministry of Science and ICT publicly disclosed a draft enforcement decree for the "Basic Act on the Development of ...
Yoo Sang-im, Minister of Science and ICT, announced in his inaugural speech on the 16th that he will work on fostering the AI advanced technology industry and improving the R&D system structure. On ...
The European Supervisory Authorities (“ESAs”) published a roadmap to designate critical ICT third-party service providers (“CTPPs”) under the Digital Operational Resilience Act (“DORA”). To designate ...
Jemyung Ryu, 2nd Vice Minister of the Ministry of Science and ICT, said on August 8 that, in relation to the Artificial Intelligence (AI) Basic Act set to take effect in January next year, "We will ...
Following the passage of significant legislation such as the CHIPS and Science Act (CHIPS Act) and the Inflation Reduction Act (IRA) in 2022, the United States has intensified its efforts to contain ...
DORA, the Digital Operational Resilience Act, regulates how financial services providers manage their ICT risks. But those risks are not necessary wholly contained within the financial institutions – ...
The ACT government’s 2017-18 budget includes funding to roll out a new whole-of-government payroll system, maintain its analytics capability and upgrade aging ICT infrastructure. The government has ...
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