The Financial Conduct Authority (FCA) imposed a fine of over £11 million on Equifax for its failure to safeguard customer data in the wake of a data breach that was outsourced to its US parent company.
Source: Swarm
Swarm, a regulated DeFi platform, today launches its onboarding API, allowing institutions and enterprises who do not have a know-your-customer (KYC) and anti money laundering (AML) provider to offer regulatory-compliant tokenized securities and trading to their users under German law.
Source: Wolters Kluwer
Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR), part of Wolters Kluwer’s Corporate Performance and ESG (CP & ESG) division, is set showcase its capabilities to meet Capital Requirements Regulation (CRR) III and Basel IV requirements with the launch of OneSumX for Basel.
Source: ISACA
Schaumburg, IL, USA—New cybersecurity data hones in on where cybersecurity pros come up short, with soft skills, cloud computing, and security controls emerging as the biggest skills gaps in today’s cybersecurity professionals, according to ISACA’s annual research report, State of Cybersecurity 2023, Global Update on Workforce Efforts, Resources and Cyberoperations.
Source: World Federation of Exchanges
The World Federation of Exchanges (WFE), the global body for exchanges and central counterparty clearing houses (CCPs)s, today sets out six principles to promote sound marketplaces in crypto-trading in a new report.
The Consumer Financial Protection Bureau (CFPB) has unveiled extensive modifications to the Fair Credit Reporting Act (FCRA), signaling significant implications for data brokers, furnishers, and end users.
The Association of Banks in Singapore (ABS) has recently revealed that major retail banks in Singapore have bolstered their security protocols to address the growing complexity of cyber threats.
The Chinese-owned short-video platform has incurred a fine for its handling of children's data in Europe during the period between July 31, 2020, and December 31, 2020.
