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EU, UK to work more closely on third party risk in the financial sector

( January 14, 2026, 10:57 GMT | Official Statement) -- MLex Summary: The EU and UK's financial regulators have agreed to work more closely on oversight of critical third parties. The authorities will share information on the oversight critical third party providers under the UK Critical Third Parties Regime and the EU’s Digital Operational Resilience Act, including during incidents such as power outages or cyber-attacks, a memorandum of understanding showed. The UK's Financial Conduct Authority said the agreement demonstrated UK regulators’ commitment to cross-border cooperation and strengthening operational resilience to support growth and promote market stability.Statement is attached....

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