Source: Italian Banking Association
Shaping the Banking Union, refocussing on a fair regulatory approach towards the implementation of Basel III in the EU and adapting the treatment of non-performing loans (NPLs) in light of the current economic scenario, : these are the requests the Italian Banking Association (ABI) and the German Banking Industry Committee (GBIC) put forward in a document which calls on European institutions to adopt significant first and second level regulatory measures to counter the economic effects of Covid-19.
Reserve Bank of New Zealand governor Adrian Orr has placed the blame for a recent file sharing breach squarely on the shoulders of tech provider Accellion.
Source: Mastercard
Mastercard today launched its Global Cyber Forward program in partnership with Dubai International Financial Centre (DIFC), the leading global financial center and largest fintech hub in the Middle East, Africa and South Asia (MEASA) region.
Ripple has accused the Securities and Exchange Commission of distorting the facts about the status of its cryptocurrency XRP in its first formal response to a regulatory lawsuit filed in December.
Source: Refinitiv
Refinitiv is further expanding the scope of its data-driven due diligence reports with the addition of cybersecurity and company credit risk ratings from BitSight and Creditsafe.
Robinhood has stopped users from buying several stocks - including GameStop - at the centre of the Reddit-led price rally. In a blog, Robinhood says it is "restricting transactions for certain securities to position closing only". Others, including TD Ameritrade, have also put restrictions in place.
The Australian Securities and Investments Commission (Asic) has suffered a cyber security breach related to its use of the Accellion file sharing software which was recently at the centre of a similar incident at the Reserve Bank of New Zealand.
The Financial Crimes Enforcement Network (FinCEN) has enforced a $390 million civil money penalty on Capital One for engaging in both "willful and negligent" violations of the Bank Secrecy Act.
