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Financial Regulatory Forum Headlines

INSIGHT: March Madness office pools: not an occasion to overlook rules and risks

NEW YORK (Thomson Reuters Regulatory Intelligence) - College basketball championship season is about to kickoff and millions will be glued to their televisions watching the action in the NCAA men's basketball tournament, better known as March Madness. The excitement of cheering for local teams, national favorites, or an alma mater brings out many fans. However, an even larger number of occasional fans are drawn in by the thrill of competing in the office pool, turning workplaces everywhere essen

IMPACT ANALYSIS: Canadian regulator sets new cyber-incident obligations for banks, insurers

NEWYORK(Thomson Reuters Regulatory Intelligence) - The Office of the Superintendent of Financial Institutions (OSFI), Canada's prudential regulator, is taking an increasingly active interest in cyber-risk management practices at the country's banks and insurers. OSFI recently introduced new cyber incident reporting obligations for all federally regulated financial institutions that will require firms to review and possibly revise existing incident response management protocols.

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