Consultation

What we do

Regulations and frameworks

We align our work with the requirements of each market you operate in.

European Union

DORA
Digital Operational Resilience Act for the financial sector, applicable since January 2025: ICT risk management, testing, incidents and third-party providers.
NIS2
Directive on cybersecurity for essential and important entities, transposed into each member state's law.
ISO 22301 · ISO/IEC 27001 · ISO/IEC 42001
International standards for business continuity, information security and AI management systems.
AI Act (as amended by the Digital Omnibus)
Regulation (EU) 2024/1689, amended by Regulation (EU) 2026/1744: obligations for Annex III high-risk systems from 2 December 2027 (instead of 2 August 2026), for Annex I from 2 August 2028, and for systems intended for public authorities by 2 August 2030. Article 50(2) transparency and the new Article 5 prohibitions: 2 December 2026. Details on the AI page.

United Kingdom

FCA / PRA
Operational resilience rules: important business services, impact tolerances and scenario testing.
Cyber Essentials
Government-backed scheme for baseline security controls, often required in public contracts.

Canada

BSIF / OSFI B-13
Guideline on technology and cyber risk management.
BSIF / OSFI E-21
Guideline on operational resilience and operational risk management.
BSIF / OSFI E-23
Guideline on model risk management, including AI and machine-learning models; effective May 1, 2027.
Law 25 (Quebec)
Personal information protection, including handling and reporting of privacy incidents.

United States

NIST CSF 2.0
Reference cybersecurity framework: govern, identify, protect, detect, respond, recover.
NIST SP 800-34
Contingency planning guide for information systems.
SR 11-7
Federal Reserve and OCC guidance on model risk management at financial institutions.
NIST AI RMF 1.0
AI risk management framework: govern, map, measure and manage.
SOC 2
Assurance report on controls, often requested by customers of SaaS companies.

FZ Consultation provides operational and technical advice, not legal advice. Requirements change: always confirm their exact scope for your organization.