Cybersecurity Dive: Majority of global CISOs want to split roles as regulatory burdens grow
More than 4 in 5 CISOs believe their role needs to be split into two separate positions.
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Finextra: Bank of England to form AI consortium
The Bank of England (BoE) is calling on financial services firms to join its artificial intelligence (AI) consortium designed to oversee the use of the technology within the sector.
AML Intelligence: TD Bank’s AML penalties could top $4 billion
TD Bank’s AML penalties could top $4 billion.
Finextra: MAS collaborates with banks and tech firms on quantum security
Monetary Authority of Singapore (MAS) collaborates with banks and tech firms on quantum security.
Finextra: BofE and BIS develop tech to monitor stablecoin reserves
The Bank of England and the BIS Innovation Hub have developed a system that gives supervisors near real time data about stablecoins’ liabilities and their reserve assets.
Finextra: ECB cyber security test reveals ‘room for improvement’
The European Central Bank says there is “room for improvement” after conducting its first thematic stress tests on cyber resilience to determine how well individual banks would respond to and recover from a cyber attack.
Finextra: UK regulators seek feedback on Big Tech digital wallets
UK regulators are calling for feedback on the benefits and risks digital wallets from Big Tech giants such as Apple and Google bring to people and businesses.
Financial News: FCA reaches 100 crypto staff in digital assets hiring drive
The Financial Conduct Authority has bulked up its crypto staffing as it takes on new challenges in the digital asset space.
ITPro: SEC cyber security filings on the rise as new reporting rules bite
Pressure is mounting on CISOs required to detail their approach to cyber risk management.
City AM: Banks struggle on compliance with staff Whatsapp bans as regulators dish out heavy fines
Banks struggle on compliance with staff WhatsApp bans as regulators dish out heavy fines.