This is an important read. The Chair of the Securities and Exchange Commission (SEC) gave a presentation on Cybersecurity and Securities Law yesterday. Outlining the direction of cyber policy and regulation as it relates to financial markets including, Funds, Advisors…
Well worth a read. The Fed has issued its discussion paper on the Digital Dollar. Money and Payments: The U.S. Dollar in the Age of Digital Transformation. Providing clarity on Central Bank Digital Currencies (CBDCs) and their application. With 91…
Merck and Co has won its $1.4 Billion long running cyber insurance legal dispute with its insurers, following the 2017 Not Petya cyber attack. Judge‚Â Thomas J. Walsh‚Â ruled‚Â Jan. 13 that Mercks insurers cant claim the war exclusion because its language is…
The battle lines are being drawn for crypto. But can a compromise be reached to regulate the market to support innovation and at the same time protect investors? It’s been done before. #cryptocurrency‚Â #cryptoregulation‚Â #cryptoassets‚Â #crypto‚Â #nft‚Â #cyberlaw‚Â #consumerprotection‚Â #regulations‚Â #cryptoregulation #cybersecurity‚Â #cyberriskmanagement‚Â #compliance‚Â #regulatorycompliance‚Â #regulatoryoversight‚Â #regulation View Original Post
The regulatory triangle of the US, Russia and China is closing. With the SEC looking to examine how crypto currencies can be bought into their regulatory frameworks. As with all markets that undergo regulatory scrutiny, oversight and assurance the cost…
Digital assets such as Non-Fungible Tokens (NFTs) and crypto currencies are innovative products, removing transactional boarders, enabling digital transactions. Over the past 12 months crypto currencies have been price volatile, consumer protections and security and the volume of cash flowing…
A great article. 2021 was a difficult year for the cyber insurance/ re-insurance market, as it came to terms with the challenges of ransomware. Leading to increased premiums, reduced coverage and increased loss ratios. No one is predicting that cyber…
The Chair of the SEC talking at an event on the 19th January, describing the dynamic nature of markets regulation mirroring the dynamic nature of markets and society. Our current global threats of climate change, human capital and cyber being…
Following yesterdays House Oversight and Reform committee hearing on updating FISMA (2022). I have enclosed a paper that outlines the importance of FISMA and the Office of Management and Budgets OMB-A130 regulation. That have are foundations of US Federal Cyber…
The enclosed committee hearing(11.01.2022) is important to watch. For those that do not know about the Federal Information Security Modernization Act 2014 (2002), it is foundation regulation that forms part of the US approach to cyber security. It was last…
