Esma won’t soften regulatory expectations for cloud and AI
CCP supervisory chair signals heightened scrutiny of third-party risk and operational resilience
The adoption of cloud services and artificial intelligence by clearing houses won’t change European regulators’ expectations regarding risk governance and operational resilience, a senior supervisor has warned.
Klaus Löber, chair of the central counterparty (CCP) supervisory committee at the European Securities and Markets Authority (Esma), said he understood the potential benefits of new
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