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Christoph Zieger

As seen in: JD Supra, LexBlog
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Articles by Christoph Zieger

ESMA publishes final cloud outsourcing guidelines what do firms need to do to prepare? | JD Supra

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By Michael Huertas, Holger Schelling, Christoph Zieger
| JD Supra
Before digital operational resilience1 was in full focus in of the European Supervisory Authorities (including the European Securities and Markets Authority – ESMA) and national competent authorities (NCAs) cloud outsourcing was a primary area of rulemaking and supervisory guidance. On December 18, 2020, ESMA released2 its final Cloud Outsourcing Guidelines (the COGs).3 The responses to the public consultation on the COGs also set further details on ESMA’s supervisory expectations.
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German financial services supervisor amends supervisory requirements for IT in financial institutions | JD Supra

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By Michael Huertas, Holger Schelling, Christoph Zieger
| JD Supra
QuickTake Germany’s financial supervisor has published new rules and expectations on how financial services firms should identify, mitigate and manage risks stemming from internal and external information and communications technology (ICT) solutions and providers. This marks the biggest overhaul since the rules were first introduced in 2018.
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Long arm of the law - impact of the GDPR on Middle East organisations

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By Kelly Tymburski, Christoph Zieger
| JD Supra
On 25 May 2018, the General Data Protection Regulation (GDPR) is due to come into effect across European Union (EU) member states. The intent of the GDPR is to replace the current European data protection framework as set out in the European Data Protection Directive (95/46/EC) (Directive) and be implemented into the national data protection laws of the EU member states.
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