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Frontier AI And DORA: AI Service Providers To European Financial Entities Take Note
European financial regulators have issued new guidance on managing ICT risks from frontier AI models under DORA, setting expectations that will reshape how financial entities assess their technology providers. The statement from the European Supervisory Authorities outlines three core risk mitigation strategies—prevention, detection, and management—that will drive increasingly detailed scrutiny of AI service providers' cybersecurity, governance, and operational resilience. ICT service providers,
Goodwin Procter LLP