SEC commissioner Peirce raises concerns about the depth and breadth of the SECs rule making agenda and whether it is overstepping the remit of the regulator. Protecting professional investors over retail investors. One wonders in some instances you have to…
A very interesting paper by Harvard Law School on the SECs authority to follow climate related disclosures. In short ‘it is our view that the Commissions Proposal contemplates disclosure requirements that are consistent with close to nine decades of regulatory…
A great summary from the international Law firm Goodwin on the Securities and Exchange Commissions(SEC) cybersecurity risk management proposals for Investment Funds, Advisors and SEC Public registrants. We have been saying for some time that the rules are coming and…
The EU and its public and private sector organisations face a more significant issue from cyber regulation. While the EU has recently released the EU NIS 2.0 directive and a draft proposal for Digital Operational Resilience Act (DORA), requiring tighter…
Some organisations are gearing up for the SECs proposed cybersecurity risk management, governance, strategy and incident disclosure legislation. The Augusta group has a tried and tested program for boardroom cybersecurity risk management governance, strategy and implementation. Supporting boards comply with…
There are signs that hackers are going public before their targets do. With the regulatory environment developing rapidly, requiring regulatory incident reporting in some cases within 4 days. Hackers publicizing that you have been breached and your data encrypted before…
Finance regulators are to focus on Greenwashing of ESG funds. The Securities and Exchange Commission announced a $1.5mn fine on BNY Mellons fund management division for allegedly providing misleading information on its ESG investments. It also promised tighter rules on…
DAVOS is starting to deal progress for cybersecurity, with a commitment by corporates in the oil and gas industry to manage cybersecurity, that is a positive step forward in addressing cybersecurity risk management. With a backdrop of increased cybersecurity legislation,…
For those National and International DIB contractors this report is an interesting read. The DoD is undergoing its own assessment of cybersecurity compliance, for the oversight and assurance of Controlled Unclassified Information (CUI). Making progress in complying with FISMA (DoDi…
A little left field for cybersecurity. The enclosed demonstrates that the SEC pursues companies that violate the Securities and Exchange Act 1934, make fraudulent claims that have an impact on a companies ‘books and records’. In this case Fiat Chrysler…
