Compliance outfit SteelEye is offering financial institutions a free 90-day trial of surveiilance tech capable of monitoring staff communications as they shift in and out of the office during the easing of lockdown restrictions.
Many national regulators are already undertaking regulatory and supervisory initiatives on climate-related financial risks, according to a BIS report, although most have not yet factored the mitigation of such risks into the prudential capital framework.
The UK's Financial Conduct Authority is to delay the implementation of strong customer authentication rules by six months in an effort to minimise disruption to consumers and merchants during the ongoing Covid-19 crisis.
The GCC is set to experience a surge in the use of FinTech platforms as consumers turn away from physical offerings during the ongoing global COVID-19 outbreak.
The Saudi G20 Presidency and the Bank for International Settlements (BIS) Innovation Hub are launching a virtual hackathon-style competition to find new technological ways to tackle financial regulatory compliance and supervision challenges.
Citing Covid-19, the European payments industry is calling on the EBA to push back the deadline for the migration to Strong Customer Authentication (SCA) standards still further.
The Investment Association has launched a new cyber threat intelligence service to help asset managers navigate the changing security landscape in the light of Covid-19.
Technology adoption in Hong Kong is among the highest in the world1, but it also exposes the general public to significant cyber security risks, such as online fraud, bogus calls or messaging scams.
