Tag Archives: newsletter

Among the most mature for cybersecurity, the financial system still has a long way to go

Based on data from eight years of work assessing cyber risks in hundreds of companies across many sectors in dozens of countries, it is clear that the financial sector is one of the best prepared for attack, reflecting years of improvements and investment. But, while only lagging behind the industrial, electronic and manufacturing sectors, the …

A year of regulatory developments, possible deviations, and certain delays

While 2021 hasn’t been the busiest year for regulatory reporting startup implementation, important developments have crystallized. Among the most significant of these developments is the publication of a series of advisory papers and updates to regulatory and/or industry technical specifications, including the draft ESMA Guidelines for EMIR reporting, the FCA’s EMIR Consultation Paper, and the …

Banking Must Adapt to Experience Economy that Drives Crypto-Madness

Epidemics have precipitated the transition to a purely digital economy. Cashless transactions, decentralized cryptocurrencies, e-wallets, digital banks and e-commerce are all common. The digital number seems to provide the main explanation for the nature of the changes around us, but in fact it hides the basic essence. Let’s take cryptocurrency for example. Few people understand …