Week ending 5 November 2020

29 October 2020: The European Fund and Asset Management Association (EFAMA) has issued a statement on a global initiative on cyber security led by the International Investment Funds Association (IIFA) and supported by fund associations around the world. IIFA has published a document ‘IIFA Cybersecurity program basics’ which sets out key cyber prevention standards for investment management companies. The document sets out:

​• establish an overarching cyber-security framework

• conduct cyber-risk awareness trainings with company staff

• have an incident response plan

• conduct tabletop exercises to test the response plan

• establish and monitor…

Compliance Tyler

Tyler Woollard is the founder of The Conduct Mind, a compliance consultancy firm. www.theconductmind.com Online shop https://bit.ly/37tDCXO

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