is experiencing a massive drive toward pushing privacy legislation at the state level. That’s because the federal government hasn’t been able to find a consensus on how to legislate broadly. Rather than wait, state lawmakers have been nudged by consumers, consumer advocates, and even companies...
In response to these growing concerns, governments worldwide have enacted legislation to ensure data privacy and security. South Africa is no exception, having implemented the Protection of Personal Information Act (POPIA). This article serves as a comprehensive guide to help you understand the key ...
The Sarbanes-Oxley Act of 2002 (SOX) is a comprehensive legislation aimed at safeguarding investors by enhancing the precision and dependability of financial reporting. It imposes several obligations on publicly traded companies, which include:
Self-Regulatory Organizations (SROs) are non-governmental entities that oversee specific segments of the financial industry, such as stock brokers and broker-dealers. Although independent, they operate under the supervision of the SEC, which monitors their rules, operations, and enforcement of standards...
With the rapid digital transformation and increasing cyber threats, however, more comprehensive legislation was needed. This led to the European Commission proposing the NIS 2 Directive in December 2020. The NIS 2 Directive, an upgraded version of the NIS Directive, aims to address identified gaps ...
and Top Secret. Official-Sensitive applies to the majority of government information and requires reasonable measures to protect it and comply with relevant legislation. Secret is used for very sensitive information that could have severe consequences if compromised. Top Secret is the highest level, re...
There’s also a regulatory aspect to the need for API governance. The best known example example is the Open Banking Implementation Entity (OBIE)’s Open Banking Standards in the UK, but API-related legislation is ever-growing across the globe. We’re also seeing a growing trend of internal...
Geo-Information Compliance: Adherence to legislations related to geographic placement and supervision of data, in sync with appropriate legal preconditions and norms. To encapsulate, online data security is the elemental part of all tasks associated with computing on geographically dispersed hosts. It im...
The European Union (EU) and other jurisdictions adopted similar anti-money laundering measures to the U.S. anti-money laundering legislation. Enforcement assumed greater global prominence in 1989 when a group of countries and nongovernmental organizations (NGOs) formed theFinancial Action Task Force(FA...
Supervising national banks, federally chartered banks, and thrift banks Advising government officials on both national and international economic, financial, monetary, trade, and tax policy and legislation Investigating and prosecuting federaltax evaders, counterfeiters, and/or forgers Managing federal accoun...