New Zealand: Financial Markets Authority Publishes Report on Review of Cyber-Resilience in Regulated Financial Services

On July 11, 2019, the New Zealand Financial Markets Authority (FMA) published a report summarising the findings of its thematic review of cyber-resilience in FMA-regulated financial services, as well as indicating areas identified that need to be improved to ensure good practice. 

The main objective of the FMA's role is to ensure financial service providers are aware of and prepared with proper controls to mitigate cyber-risks and cyber-resilience. 

Some of the main recommendations include:

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