Regulatory Alerts2024-08-12
R-CNMV-2024-08-MV — Regulation on Cybersecurity and Information Security in the Securities Market
The National Securities Market Council of the Dominican Republic approved the Regulation on Cybersecurity and Information Security in the Securities Market to mandate strict information protection standards for market participants. The regulation establishes general criteria and guidelines to ensure the integrity, availability, and confidentiality of information while mitigating systemic risks associated with cyber threats. It applies obligatorily to key entities such as securities intermediaries, central counterparties, and depositories, requiring them to implement robust cybersecurity governance and risk management practices.
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