HK’s financial regulators focus attention on cyber security
13 June 2016
Cyber Security & Law Practice
In the June issue of Cyber Security Law & Practice, Gabriela Kennedy, Karen H.F. Lee and Maggie S.Y. Lee provide their analysis on the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission’s (SFC) initiatives in countering cyber threats and their implications on financial institutions.
The three authors expect more guidelines and circulars to be issued by both regulators in the future. They conclude that for Hong Kong to maintain its position as a leading international financial centre, it is important that the city’s financial institutions have a robust cybersecurity system in place and to maintain accountability for it.
To read the full article, please click on the attached PDF.