Portugal: Central Bank Launches Consultation on Proposed Instruction on Reporting Significant and Severe Cybersecurity Incidents
On July 8, 2019, Banco de Portugal, the country’s central bank, launched a public consultation …
EBA Publishes Report on the Impact of Fintech on Payment Institutions' and E-Money Institutions' Business Models
The European Banking Authority (EBA) has published a report on the impact of fintech on …
Europe: EU Bodies Reach Political Agreement on Cybersecurity Act to Enhance EU Cyber-Resilience
On December 10, 2018, the European Commission announced that it reached a political agreement with …
Canada: House of Commons Standing Committee Publishes Report on Cybersecurity in the Financial Sector as National Security Issue
On June 20, 2019, the Standing Committee on Public Safety and National Security in the …
Malta: Financial Services Authority Publishes Cybersecurity Guidance Notes
On June 17, 2019, the Malta Financial Services Authority (MFSA) issued its finalised guidance notes …
Romania: Ministry of Communications and Information Society Issues Order Regulating Procedure for Endorsement of Electronic Payment Instruments with Remote Access
On June 14, 2019, the Ministry of Communications and Information Society (MCIS) released Order No. …
U.S. Watchdog Seeks More Funding For Crypto, MSB Monitoring
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) is doubling down on efforts to stem …
Industry Group Warns Of Open Banking Operational Dangers
Industry group TheCityUK has warned of the potential for open banking to undermine the stability …
Denmark: Central Bank Publishes Report on Oversight of Financial Infrastructure
On June 3, 2019, Danmarks Nationalbank published a report on the financial infrastructure in Denmark. …