The Financial Stability Board (FSB) has unveiled a comprehensive global regulatory framework for crypto-asset activities, centering around the principle of 'same activity, same risk, same regulation'.
In a significant victory for the cryptocurrency industry, a US judge has determined that Ripple's sale of the XRP token on public exchanges and through algorithms did not violate federal securities law.
Source: New Zealand Financial Market Authority
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – today released a consultation document on its proposal to introduce a new standard condition for certain financial market licence holders.
FCA head Nikhil Rathi has called on banks to increase their expenditure in order to counter the surge in AI and the menace of 'deep fake' fraud.
Source: Acadia
Acadia, a leading industry provider of integrated risk management services for the derivatives community, today offers its thoughts on the European Banking Authority (EBA) publishing its finalized Regulatory Technical Standards (RTS) on Initial Margin Model Validation.
HSBC Collaborates with BT and Toshiba for Quantum-Secured Metro Network, Enhancing Cybersecurity Measures.
Source: ADGM
Abu Dhabi Global Market (ADGM) today announced the implementation of its sustainable finance regulatory framework with immediate effect, following significant support received through public consultation, reinforcing its position as a leading sustainable financial hub and a natural hub for sustainable finance activities.
Source: ITCPEacademy.org
Numerous global businesses may have experienced the repercussions of the MoveIt breach, a cyber attack on a third-party data-transfer provider. This breach has potentially exposed the private and sensitive information of millions of individuals, particularly in the United States. It is important for both businesses and individuals to understand the details of the hack and take appropriate measures in response.