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The Commission welcomes the political agreement reached today by the European Parliament and EU Member States to ensure a more robust and effective supervision of central counterparties (CCPs) offering services to the EU.

The Bank of England has been hauled over the coals by a Common Select Committee in a searing critique of its outmoded technology estate, culture and procurement activities.

Equifax failed to prioritise cybersecurity and left itself open to attack in the lead up to the massive 2017 data breach that compromised the personal information of more than 145 million Americans, a Senate investigation has found.

Israel's Securities Authority has been called on to help foster the creation of a national platform for trading cryptocurrencies with a view to enabling companies to raise money by issuing digital tokens.

The Monetary Authority of Singapore (MAS) today released two consultation papers on proposed changes to the Technology Risk Management (TRM) Guidelines and the Business Continuity Management (BCM) Guidelines.

The Reserve Bank of India (RBI) has fined at least 19 banks, including ICICI, State Bank of India and Yes Bank, for failing to comply with rules on using the Swift network.

Danske Bank is using machine learning technology from IBM for prediction and resolution of IT issues, identifying problems in advance before they impact on the customer.
The Danish bank is applying IBM's Predictive Insights tool at its Enterprise Command Centre to keep one step ahead of IT incidents and thereby avoid a breakdown in customer service.

Fourteen banks and industry trade associations from across Europe have been testing their mettle in a war-gaming WannaCry-style attack on a simulated bank network.

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