Regulatory Alerts2020-03-26
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FSA Statement Regarding COVID-19 (Communiqué No 1 of 2020)
The Financial Services Authority (FSA) issued this statement, requiring licensees to maintain normal service standards through a hybrid work model while prioritizing health and safety. It mandates encrypted digital communications and separate password transmission to mitigate cyber risks, alongside flexible case-by-case consideration of affected regulatory filings. The regulator will continuously monitor pandemic developments, collaborate with stakeholders on government measures, and publish timely operational updates.
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