An interesting observations between SARs and the rise in crypto transactions. As Crypto exchanges reported a significant number of SARs. Maybe a correlation to the number of registered Money Services Businesses registered with FINCEN, the number of transactions processed or…
The enclosed statement by the Chair of the SEC Gary Gensler is a very significant for cybersecurity. Announcing a proposal by the SEC for cybersecurity reforms aimed at the Investment management industry. The 243 page document sets out requirements for…
The European Central Bank (ECB) is warning EU banks to prepare for Russian state sponsored cyber attacks ahead of the recent tensions between East and West. I do hope that tension can be deescalated over the coming weeks. Financial infrastructure…
Thanks for sharing this Peter Lavery FSyI CMgr FCMI. At a recent event I attended US officials also reiterated that a big concern is hostile nation states influencing or taking over standard setting bodies, influencing security standards. With 6G, AI…
Well worth a read. Jerome Powell is a very influential individual. As the chair of the US Federal Reserve he holds the keys the US economy, managing interest rates, the supply of cash and oversight of US banks. In the…
