Our success is built on our clients’ success. We have a long and distinguished history of supporting our clients wherever they do business, from major financial centers to emerging and growth markets. We represent many of the world’s leading corporations and major financial institutions, as well as emerging growth companies, governments and state-owned enterprises, often working on ground-breaking, precedent-setting matters. With a deep understanding of our clients' businesses and the industries they operate in, our work is driven by their need for outstanding legal and commercial advice.
On June 7, 2016, the US Federal Financial Institutions Examination Council issued a statement to remind financial institutions to actively manage risks associated with interbank messaging and wholesale payments networks...
On June 7, 2016, the US Federal Financial Institutions
Examination Council issued a statement to remind financial
institutions to actively manage risks associated with interbank
messaging and wholesale payments networks in light of recent terror
attacks. The statement does not contain new regulatory expectations
related to IT risk management, but rather, alerts financial
institutions as to specific risk mitigation techniques to prevent
such attacks. The statement encourages financial institutions
to review their risk management practices and controls, including
authentication, authorization, fraud detection, and response
management systems and processes.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
