The EBA, ESMA and EIOPA warn of increasingly sophisticated cyber-attacks, deteriorating credit quality, and possible exuberance in markets.
September 13, 2021Australia will be able to impose targeted financial sanctions and travel bans against individuals and entities without the need for specific country-based regimes.
August 8, 2021The new taskforce will enable the Australian police to have a more unified approach to pursue ransomware attackers.
June 22, 2021The FSDC recommends the development of legislation to provide legal certainty and protection, clarity on cross-border data transfers, and a framework for accountability.
June 16, 2021Measures for detecting proliferation financing risk are designed to help identify sanctions evasion and uncover the beneficial owners of corporate entities.
May 19, 2021Banks are asked to critically assess the need to set up a secure tertiary data backup to guard against destructive cyber attacks.
May 19, 2021Chief executive Eddie Yue said the HKMA is pursuing initiatives to enhance its use of technology to analyse financial data as part of its efforts in market supervision.
April 19, 2021A correction in asset prices, if borrowers’ income were to fall and so they defaulted on debt repayments, could expose lenders to large losses.
April 19, 2021Warrants have been issued for the arrest of the three programmers said to be involved in the Sony, WannaCry, Bangladesh Bank and other attacks.
February 22, 2021The updated rules also bring into scope virtual asset custodians, introducing a $1mn minimum capital requirement for such businesses.
January 28, 2021