Sector Regulation Sector Regulation

Most clearinghouses could not withstand cyber theft, FSB research finds

By Fiona Maxwell
  • 10 Mar 2022 14:46
  • 10 Mar 2022 15:12
Clearinghouses can cope with losses from a defaulting bank but not an extreme cyber threat, the Financial Stability Board said in a report today, outlining how it would review how entities handle risks.

The international body said the analysis highlights the need to review the existing toolkit for clearinghouses. The financial

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

TAKE A FREE TRIAL

Latest News