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… Read More »Finextra: BofE and BIS develop tech to monitor stablecoin reserves
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… Read More »Finextra: ECB cyber security test reveals ‘room for improvement’
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… Read More »Finextra: UK regulators seek feedback on Big Tech digital wallets
The Financial Conduct Authority has bulked up its crypto staffing as it takes on new challenges in the digital asset space.
Pressure is mounting on CISOs required to detail their approach to cyber risk management.
Banks struggle on compliance with staff WhatsApp bans as regulators dish out heavy fines.
The U.S. Department of the Treasury is seeking public comment on the risks and opportunities posed by the use of AI in financial services.
SEC requires financial firms to disclose data breaches within 30 days.
Dangers to financial stability posed by the development of artificial intelligence tools are already starting to become a worry.
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