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Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

He also recommended that the Financial Stability Oversight Council (FSOC) be charged with “the responsibility to create a framework for regulating cryptocurrencies and developing guidelines for strong protections against money laundering and cybersecurity threats to those marketplaces.”.

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Four 2023 U.S. Policy Predictions for Financial Services Companies

FICO

The Consumer Financial Protection Bureau (CFPB) has indicated it will publish rules , not guidelines, aimed at strengthening consumers’ control over and providing portability of their financial account data, sometime in 2023. The SEC rules will require a new cyber security preparedness level that many organizations may not be meeting today.