An investigation into the 2020 SolarWinds attack has prompted the New York State Department of Financial Services to call for increased third-party supply scrutiny, while the Reserve Bank of New Zealand has published new guidance after suffering its own cybersecurity breach in January.
30 April 2021
Financial institutions and industry groups have told the Financial Stability Board they need more detailed guidance on resolution for central counterparties (CCPs), warning that a lack of specific guidance could lead to “significant differences in CCP resolution regimes across jurisdictions”.
24 August 2020
Respondents to the Basel Committee’s consultation on the prudential treatment of crypto-assets have warned that its draft proposals risk pushing banks out of the market altogether.
27 March 2020
Regulators around the world are delaying long-planned reforms, cancelling stress tests and reducing or eliminating capital buffer requirements as financial institutions grapple with the economic impact of the Covid-19 outbreak.
20 March 2020
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