risk assessment Archives - The Industry Spread

10 Formal AML/CFT Warnings Issued by FMA

May 20, 2019

The FMA carried out a risk-based assessment of independent audit reports for reporting entities it supervises in February this year, targeting 69 reporting entities. The FMA supervises around 800 reporting entities, of whom roughly two-thirds define themselves as financial advisers.

IIROC-Regulated Investment Firms Increase Cybersecurity Preparedness

April 6, 2019

Canadian investment firms have taken concrete steps to put in place appropriate cybersecurity measures to manage threats and protect their clients and businesses, according to a survey completed by all firms regulated by the Investment Industry Regulatory Organization of Canada (IIROC).

Regtech Will Help According FINRA Panel

February 10, 2019

FINRA, or the Financial Industry Regulatory Authority, put out a white paper in September 2018 identifying these areas, and that white paper was discussed in the most recent FINRA podcast, Unscripted.