Global Financial Regulatory Blog

Tag Archives: cybercrime

UK and Singapore Regulators Announce Enhanced Cybersecurity Collaboration

By Andrew C. Moyle, Grace Erskine, and Charlotte Collins As leading global financial and FinTech centres, the UK and Singapore will benefit from strengthening their cybersecurity alliance. On 13 June 2019, the Bank of England, the Financial Conduct Authority, and the Monetary Authority of Singapore announced that they will be working together to strengthen cybersecurity … Continue Reading

New PSR Industry Code Entitles Victims of Fraud to Reimbursement

The new code aims to avoid customers being penalised for fraudsters’ actions. By Andrea Monks and Nell Perks Estimates indicate that fraudsters stole £1.2 billion from UK bank accounts in 2018 — a 16% increase on the previous year. UK Finance has described fraud as a “major threat to the UK”, and has confirmed that … Continue Reading
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