Tag: SEC

GRC (Governance, Risk, and Compliance) and cybersecurity symbiotically support and reinforce each other in safeguarding an organisation’s digital and regulatory landscapes. Integrating cybersecurity into...

The SEC has always been at the forefront of regulating firms, ensuring they maintain good marketing practices. Its risk alerts play an instrumental role, offering firms the much-needed guidance to prepare for impending examinations.

Goldman Sachs & Co. has settled charges with the Securities and Exchange Commission (SEC) for neglecting to supply comprehensive and precise securities trading details, otherwise known as blue sheet data. The prominent financial institution has consented to a penalty of $6m to conclude the SEC's allegations.

Regulatory fines slapped on global financial institutions saw a staggering 88% dip in H1 2023 compared to the same period last year. This significant decline was unveiled in a report from Fenergo, the top-tier provider of digital solutions in client lifecycle management (CLM).

UK-based RegTech Custodia has provided an outline of the recent heavy fines plastered on FinTechs by the SEC and CFTC.

In the past few months, both the SEC and CFTC have targeted numerous Wall Street firms for extensive recordkeeping oversights. This resulted in eye-watering penalties surpassing $1.5bn. Both major and minor firms should anticipate that this assertive enforcement will remain unrelenting.

With the ever-emerging organizational risks, boards are constantly on the lookout for ways to mitigate threats. These include areas like ESG, cyber resilience, human capital management, and even the personal liability of directors.

After over a year of deliberations, the US SEC has finally adopted the proposed rules for enhanced cyber disclosures.

The SEC has enforced new rules requiring registered entities to divulge significant cyber incidents and to annually disclose substantial information regarding their cybersecurity risk management, strategy, and governance.

US Republicans have unveiled a slew of proposed legislation aimed at curbing the influence of ESG initiatives on financial and capital markets.