Calling U.S. financial regulations “technology neutral,” McHenry aimed to strike a balance between financial firms’ compliance with existing consumer protection laws regardless of AI’s effect on the ...

A common public perception is that aspects of the financial sector are corrupt. And while films such as "The Wolf of Wall Street" and movements such as Occupy Wall Street have reinforced this view ...

The reconstituted Financial Stability Advisory Council (FSC) has held its maiden meeting to chart a fresh course for ...

“By aligning with existing regulations like the GDPR and the NIS2 Directive, DORA creates a cohesive framework for cybersecurity across the financial sector.” For financial entities and third ...

Ghana’s financial sector is in crisis. A crisis occasioned by the collapse of over 300 financial institutions; and which has affected every division of the financial sector. Universal banks ...

In January 2025, a new EU regulation targeting operational resilience will enter into force impacting cyber security in the financial sector, and others as well. But many uncertainties remain.

Regulation, it said, should encourage financial sector growth while ensuring stability and resilience. Also Read: India to grow at 6.3-6.8% in FY26; deregulation, reforms could unleash domestic ...

This latest amendment to the Financial Sector Regulation Act, 2017 aims to update the minimum requirements for IT governance and risk management that financial institutions must meet.

Regulation, it said, should encourage financial sector growth while ensuring stability and resilience. Also Read: India to grow at 6.3-6.8% in FY26; deregulation, reforms could unleash domestic ...