Regulatory Alerts2025-07-07 | 36242Circular Letter – Cybersecurity Best Practices Guideline for Financial Institutions Annual Self-Assessments
The regulator issued a circular letter establishing cybersecurity best practices guidelines for financial institutions to conduct annual self-assessments. This directive mandates that covered entities systematically evaluate their cybersecurity posture against defined standards to ensure robust protection of financial systems and data. The requirement aims to enhance industry-wide resilience by enforcing regular, structured internal reviews of security controls and risk management frameworks.
Share