• Daily News Headlines – 28 Aug 2020

    Cyber attacks halt New Zealand stock exchange for 4th day

    Straits Times, 28 Aug 2020

    New Zealand authorities haven't commented on the suspected source of the attacks, which flood a network with Internet traffic and disrupt services, other than saying they originate from offshore. Security intelligence company Akamai warned earlier this week that extortionists claiming to be the Russian-linked hacking group Fancy Bear have recently been sending ransom letters to companies in finance, travel and e-commerce in the Asia Pacific, US and UK demanding payments to stop attacks.

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    Risk parameters in ESMA’s guidelines on stress test scenarios under the Money Markets Fund Regulation to be updated

    ESMA, 27 Aug 2020

    The European Securities and Markets Authority (ESMA), the EU securities markets regulator, today confirms that the 2019 Guidelines on stress test scenarios under the Money Market Funds Regulation (MMFR) will be updated in 2020 to include a modification of the risk parameters to reflect recent market developments related to the COVID-19 crisis.

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