Regulatory Alerts2022-10-05 | 2022-21222Board of Governors of the Federal Reserve System: Financial Market Utilities
The Board of Governors of the Federal Reserve System proposes to amend Regulation HH to update operational risk management requirements for systemically important financial market utilities. The proposal refines standards to address evolving cyber threats, technology changes, and regulatory developments since 2014, while introducing specific incident-notification mandates. These changes aim to enhance operational resilience and ensure robust risk management frameworks for designated entities.
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