Regulatory Alerts2024-06-28
Joint Communication 5 of 2024 – Cybersecurity and Cyber Resilience
The Financial Sector Conduct Authority and the Prudential Authority issued Joint Notice 1 of 2024 to formally set the effective date for their cybersecurity and cyber resilience standards. The notice establishes 1 June 2025 as the commencement date for Joint Standard 2 of 2024, fulfilling the standard’s provision that regulators determine implementation timing via official notice. Financial sector institutions must implement the updated cybersecurity and cyber resilience requirements by this deadline, with all relevant documentation accessible on the regulators’ websites.
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