If FTX were regulated as a Financial Services firm under a Central Bank regulator. It is likely they would have been required to hold regulatory capital under Basel regimes. Holding regulatory capital against credit, market and operational risk. With continual…
This is a balanced article on the regulation of digital assets and its benefits. Highlighting that regulation will come to the asset class from various sources. In this case the Financial Action Task Force (FATF), the global AML and Terrorist…
The 2022 NDAA may not have picked up as much cyber legislation as many hoped. But adding legislation into the defence bill has not stopped cyber legislation moving forward in the US. The Department of Homeland Security(DHS) has a commanding…
A small but meaningful fine of $1.5M by the SEC as it settle charges against GWFS Equities, Inc. (GWFS) for failure to file Suspicious Activity Report (SAR) following a recent cyber event. This enforcement action is the first of its…
SEC Commissionaire comments on the SEC Chairs regulatory agenda. Raising concerns that the current legislative and regulatory book of work is not as progressive as they would like. Cyber Risk Governance remains in the Fall 2021 calendar. Ted Dziekanowski Jason…
An article that is worth reading, an interview with Sir Jeremy Fleming, head of GCHQ by the FT on cyber, digital and digital currency. Is there recognition that the fast paced and dynamic nature of cyberspace requires global digital standards?…
