The Russian hacker behind the largest theft of customer data from a US financial institution in history has been extradited to the US to face multiple charges of computer fraud.

The Association of National Numbering Agencies (Anna) and the Global Legal Entity Identifier Foundation (Gleif) have inked a deal to link International Securities Identification Numbers (Isins) and Legal Entity Identifiers (LEIs) in an effort to improve exposure management between trading counterparties.

Source: DFSA

The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) today entered into an agreement that provides a framework for cooperation and referrals between the innovation teams of each authority.

The chairman of the Commodity Futures Trading Commission has lamented laws that prevent it from working with outside entities on research into areas such as blockchain, warning that the barriers are leaving it years behind regulators in other countries.

UK regulators have given British financial firms a three-month deadline to demonstrate their operational resilience in the event of a cyber attack or IT breakdown.
The demand by the Bank of England and the Financial Conduct Authority for banks to report on their exposure to risk and contingency planning for disruptive outages comes on the heels of a disastrous IT upgrade at TSB and the recent black out of the Visa network.

A much anticipated report from the US Treasury on regulatory reforms for the fintech sector is set to recommend the use of regulatory sandboxes and fintech charters at both a state and federal level.

The European Banking Authority (EBA) published today an Opinion on the implementation of the regulatory technical standards (RTS) on strong customer authentication (SCA) and common and secure communication (CSC), which will apply from 14 September 2019. In the Opinion, the EBA clarifies a number of issues identified by market participants and Competent Authorities (CAs) to assist in this implementation.