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1 month ago | 
lexology.com | Ciaran Flynn |Rhiannon Monahan |Ian Duffy |Robert Cain |Sarah Thompson |Ciara Anderson | +1 more
In the second article of our mini-series ‘A Practitioners Guide to IT Outsourcing’, Rhiannon Monahan, an Associate Director within our Governance and Consulting Services Group and former Head of Outsourcing Oversight to a number of financial entities, outlines which sub-contractors firms should be focused on, the impact sub-contracting can have on third-party risk and how changes to sub-contracting arrangements should be managed. Who is a material sub-contractor?
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1 month ago | 
mondaq.com | Ian Duffy |Ciara Anderson |Rhiannon Monahan |Siobhan McBean
AC Arthur Cox More Arthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our practice encompasses all aspects of corporate and business law. The firm has offices in Dublin, Belfast, London, New York and Silicon Valley. There are now just over 20 working days before financial entities in scope of DORA will need to submit their first Register of Information ("RoI").
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1 month ago | 
lexology.com | Ciaran Flynn |Rhiannon Monahan |Ian Duffy |Robert Cain |Sarah Thompson |Ciara Anderson
In this first article of our mini-series ‘A Practitioners Guide to IT Outsourcing’, Rhiannon Monahan, an Associate Director within our Governance and Consulting Services Group and former Head of Outsourcing Oversight to a number of financial entities, outlines some practical suggestions on how to identify IT Outsourcing; how to categorise arrangements for IT Services; and the divergence between the outsourcing guidelines and the Digital Operational Resilience Act (“DORA”). What is IT Outsourcing?
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2 months ago | 
lexology.com | Ciaran Flynn |Rhiannon Monahan |Ian Duffy |Robert Cain |Sarah Thompson |Ciara Anderson
Last week, the European Central Bank (“ECB”) released its horizontal analysis of the most recent Outsourcing Registers submitted by significant institutions (SIs). The report highlighted the continued dominance of IT-related outsourcing arrangements and recognised that SIs still have work to do to address deficiencies in the governance of these arrangements, as well as in the areas of IT Security and the management of cyber risks.
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2 months ago | 
mondaq.com | Ian Duffy |Rhiannon Monahan |Ciara Anderson |Sarah Thompson
The European Commission has now published its long-awaitedadditional guidance on how to determine whether a service receivedfrom a financial entity should be classified as an 'ICTService' within the meaning of DORA. The definition of 'ICT services' under DORA isintentionally broad, and encompasses digital and data servicesprovided through ICT systems on an ongoing basis.
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Jan 9, 2025 | 
mondaq.com | Ian Duffy |Sarah Thompson |Robert Cain |Ciara Anderson
DORA is part of the European Commission's Digital FinanceStrategy designed to uplift existing information communicationstechnology ("ICT") risk management requirements forfinancial entities and to consolidate these requirements into asingle legislative instrument. The Act comes into force on 17 January 2025 and applies to awide range of financial entities, including credit institutions,electronic money institutions, investment firms, insuranceundertakings and re-insurance undertakings.
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Nov 29, 2024 | 
hercampus.com | Ciara Anderson
In a world full of never-ending to-do lists and distractions at every turn, today’s students are struggling to stay on track. Between coursework, campus life, and the lure of social media, concentration feels like a rare resource. Enter the Pomodoro technique — a time management method that’s helping students master focused work in a frenzy-free way. It’s more than a productivity hack; it’s a game-changer for mental well-being and academic success.
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Nov 1, 2024 | 
hercampus.com | Ciara Anderson
Y2K fashion, Lo-Fi Girl vibes, digital cameras — oh my! As Gen Z grows up, we’re not just embracing the future; we’re actively hunting down the best parts of our past. From CDs to flip phones, it seems the so-called “goldfish generation” is on a mission to relive the early 2000s, an era we were barely old enough to remember. But what is it about these campy, maximalist trends from the 21st century’s early years that keeps us coming back for more?
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Oct 11, 2024 | 
hercampus.com | Ciara Anderson
Ever wonder why your friends are suddenly obsessed with watching cars go vroom? Welcome to the chaotic, high-speed world of Formula One. From TikTok fan edits to Netflix drama, Formula One has found a whole new wave of fans in recent years. It’s not just fast cars and fancy logos — it’s a mix of thrilling races, intense rivalries, and the kind of off-track drama that would make any reality show blush. So, what exactly is Formula One, and why is everyone so hooked? Let’s start simple.
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Sep 27, 2024 | 
hercampus.com | Ciara Anderson
Gen Z might have the attention span of a goldfish, but when it comes to video essays, we’re swimming in deeper waters. In a world where short-form content reigns supreme, Gen Z has earned a reputation for having shorter attention spans than any generation before. But amidst the endless TikTok scrolls and snappy reels, older members of Gen Z are curating their media diets with a surprising twist: they’re craving substance.
