Tag Archives: SWIFT

Annual Mandatory Exercise for The SWIFT CSCF Compliance Assessment

24 Nov

KUWAIT CITY, STATE OF KUWAIT, November 24, 2021 /EINPresswire.com/ — Baker Tilly Kuwait launched SWIFT CSCF Compliance Assessment for all SWIFT users as mandated by The Society for Worldwide Interbank Financial Telecommunication (SWIFT). Furthermore, as per the Cybersecurity Framework for Kuwaiti Banking Sector, Control No. 4.5.2, item (d), the Central Bank of Kuwait requires Regulated Entities to comply with […]

Money 2020 and the new Cyber Regulations

21 Oct
money 2020 cyber regulations

One of the big topics at Money 2020 will be the new cyber regulations announced by the Fed and FDIC. They believe hacking could lead to a national financial crash. Christopher Pierson, EVP, General Counsel & Chief Security Officer, of FinTech company Viewpost has analyzed the proposal and says this “really places a chair at […]