FS Insights

compliance risks in Hong Kong
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05/2022
A Decade of Testing and Resilience Over the past 10 years, the Securities Industry and Financial Markets Association (SIFMA) has coordinated a series of industrywide resilience exercises known as Quantum Dawn. These exercises provide a forum for financial firms, regulatory bodies, central banks, law enforcement, government agencies, trade associations and information-sharing organisations to respond to simulated cyber and/or physical attacks. QDI 2011 November & QDII 2013 July Quantum Dawn I & II - In November 2011 and July 2013, the financial services sector, in conjunction with...