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

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