A two-tier prototype system was developed to test intermediated CBDC as well as stablecoins backed by CBDC in the interbank system.
October 25, 2022Central banks are prioritising investment in technical security control and resiliency, embracing risk management concepts, and adopting 'zero-trust' models.
September 16, 2022The software will streamline and automate regulatory supervision, reporting and compliance assessment of banks’ cybersecurity risk management.
September 6, 2022In its latest corporate plan, APRA said its focus is to 'protect the community today' and ensure the financial system is 'prepared for tomorrow'.
August 15, 2022The updated version of the CORIE framework follows the CFR's endorsement of a plan for the wider rollout of the programme.
August 9, 2022FSDC chairman Laurence Li said Hong Kong we must not allow any "slippage" in its role as an international financial centre, and as a connector to the mainland.
July 19, 2022Quarterly reports must be issued containing information on cyber incidents, risk mitigation measures, bugs and vulnerabilities, and threat details.
July 7, 2022Regulated entities don't require specific approvals to outsource IT services, but appropriate policies and a risk management framework must be in place.
June 29, 2022The financial services sector recorded more cyber incidents than all other industries in New Zealand in the quarter ending March.
June 24, 2022A new framework that took effect on 15 July requires AMCs to conduct cyber audits twice a year and report incidents within six hours of detection.
June 20, 2022