FINMA publishes new ordinance and fully revised circular on auditing

The Swiss Financial Market Supervisory Authority FINMA has transferred the existing Circular 2013/3 “Auditing” to a new Regulatory Auditing Ordinance and carried out a complete revision of the circular. In doing so it has fulfilled the requirement for the format compliance of auditing regulation in accordance with Article 7 paragraph 1 of the Financial Market Supervision Act FINMASA. For formal reasons, FINMA has transferred the majority of t...

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Updated sanctions notification: Islamic Republic of Iran

The Federal Department of Economic Affairs, Education and Research EAER has published an amendment to Annex 6a of the Ordinance of 11 November 2015 on measures against the Islamic Republic of Iran (SR 946. 231. 143. 6). On 6 November 2024, the Federal Department of Economic Affairs, Education and Research EAER amended the list of persons, companies and organisations sanctioned in this context. The EAER has adapted the SESAM (SECO Sanctions Management) sanctions database, which is relevant for...

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Bank Rate reduced to 4.75% - November 2024

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Promoting AI Security – PCPD Representative Speaks at the IT Conference 2024 of the Hong Kong Institute of Certified Public Accountants

Date: 12 November 2024 Promoting AI Security – PCPD Representative Speaks at the IT Conference 2024 of the Hong Kong Institute of Certified Public Accountants Acting Senior Legal Counsel (Global Affairs & Research) of the Office of the Privacy Commissioner for Personal Data (PCPD), Ms Joyce LIU, attended the IT Conference 2024 organised by the Hong Kong Institute of Certified Public Accountants on 9 November 2024 and delivered a keynote speech titled “AI Governan...

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UPDATE: Media Advisory: FDIC Advisory Committee on Economic Inclusion to Meet Next Week

MEDIA ADVISORY | NOVEMBER 6, 2024 (Updated to reflect correct day) FDIC Advisory Committee on Economic Inclusion to Meet Next Week  On Wednesday, November 13, at 9:00 a.m. ET, the Federal Deposit Insurance Corporation’s (FDIC) Advisory Committee on Economic Inclusion (ComE-IN) will meet in Washin...

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Media Advisory: FDIC Advisory Committee on Economic Inclusion to Meet Next Week

MEDIA ADVISORY | NOVEMBER 6, 2024 FDIC Advisory Committee on Economic Inclusion to Meet Next Week  On Thursday, November 13, at 9:00 a.m. ET, the Federal Deposit Insurance Corporation’s (FDIC) Advisory Committee on Economic Inclusion (ComE-IN) will meet in Washington, D.C. The agenda will include...

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Federal Councillor Karin Keller-Sutter to meet UK Chancellor of the Exchequer Rachel Reeves in London

On 7 November 2024, Federal Councillor Karin Keller-Sutter will meet the United Kingdom's finance minister, Chancellor of the Exchequer Rachel Reeves, for a working visit. The meeting will focus on multilateral and bilateral financial and tax topics.

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Promoting AI Security – Privacy Commissioner Publishes an Article on A Plus

Date: 6 November 2024 Promoting AI Security – Privacy Commissioner Publishes an Article on A Plus The Privacy Commissioner for Personal Data (Privacy Commissioner), Ms Ada CHUNG Lai-ling, published an article titled “Safeguarding personal data privacy in the AI era with PCPD’s Model Framework” on A Plus, the official quarterly magazine of the Hong Kong Institute of Certified Public Accountants.    In the article, the Privacy Commissioner highlighted that as t...

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Promoting AI Security – Privacy Commissioner Speaks at the Hong Kong International Computer Conference 2024

Date: 6 November 2024 Promoting AI Security – Privacy Commissioner Speaks at the Hong Kong International Computer Conference 2024 The Privacy Commissioner for Personal Data (Privacy Commissioner), Ms Ada CHUNG Lai-ling attended the Hong Kong International Computer Conference 2024 themed “From Generative AI (GAI) to Artificial General Intelligence (AGI)” on 4 and 5 November 2024 and delivered a keynote speech titled “Safeguarding Personal Data Privacy in the Age of ...

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Press Release: FDIC to Unveil Online Tool to Promote Creation of New Minority Banks at the Minority Depository Institutions Subcommittee Meeting

PRESS RELEASE | NOVEMBER 5, 2024 FDIC to Unveil Online Tool to Promote Creation of New Minority Banks at the Minority Depository Institutions Subcommittee Meeting WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) will introduce a new online tool to help financial institutions, inves...

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