Critical Third Parties (CTP): Divergent paths between the EU and UK?

As financial services become increasingly dependent on third‑party providers, regulators are extending their focus beyond firms themselves to the wider ecosystem.

This blog explores how the EU and UK frameworks for Critical Third Parties are developing – from DORA’s established designation regime to the UK’s broader, technology‑neutral approach. With growing alignment between jurisdictions and new reporting requirements on the horizon, firms face increasing expectations around visibility, coordination and resilience.

We outline what this means for firms now, and how to prepare for a more integrated model of third‑party oversight.