The Securities and Exchange Commission has adopted rules requiring companies to disclose material cybersecurity incidents and provide annual information on their cybersecurity risk management, strategy and governance practices
Financial close solutions provider Trintech has acquired Fiserv’s Frontier Reconciliation and Accurate Reconciliation business in North America and EMEA
The European Commission has highlighted “strategic deficiencies” in the UAE’s anti-money laundering and counter financing of terrorism regime and added the jurisdiction to its list of high-risk countries on 16 March 2023
The Federal Reserve Board has announced a consent order and US$268.5 million fine with UBS Group AG for misconduct by Credit Suisse, which UBS subsequently acquired in June 2023
CLSNet centralises and standardises post-trade processes across more than 120 currencies and a wide range of trade types, using a single common record in order to streamline post-trade matching and netting processes