The IIF has made a submission to the Financial Stability Board (FSB) in response to the FSB’s July 6 Interim Report, Developing the Implementation Approach for the Cross-Border Payments Targets.

This briefing note summarizes the latest DataTalk session, held in July 2022. Members, in conversation with the IIF Regulatory Affairs team, discussed data and operational risk. Highlights include a need for better regulatory coordination and for harmonized understanding of risks.

The global trend of new privacy regulation that is both rushed and expansive is creating challenges for international financial services firms trying to operate amid increasing and fragmented regulation. Liz Roberts, IIF General Counsel, joins us on this episode to discuss the latest draft of the American Data Privacy and Protection Act which has garnered bicameral and bipartisan support and aims to set a federal standard for data privacy.