Regulatory Alerts2023-06-29 | 33529Consultation on the Draft Cybersecurity Best Practices – June 2023
The regulator issued a consultation on draft cybersecurity best practices in June 2023 to establish enhanced security standards for the fintech and payments sector. This initiative aims to strengthen the resilience of financial institutions against evolving cyber threats by defining specific operational and technical requirements. Stakeholders were invited to provide feedback on the proposed measures to ensure the final guidelines effectively mitigate risks while supporting industry innovation.
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