ESMA to put cyber risk as a new Union Strategic Supervisory Priority

ESMA to put cyber risk as a new Union Strategic Supervisory Priority

Metadata

Provider: 

ESMA

URL: 

https://www.esma.europa.eu/press-news/esma-news/esma-put-cyber-risk-new-union-strategic-supervisory-priority

Retrieved on: 

Jeudi, novembre 9, 2023

Information

Tags: 

Intelligence, European Securities and Markets Authority, ESG, Italian ship USSP, Risk management, Attack, ICT, Compliance, Ownership, Property management, ESMA, EU

Résumé

Key Points: 

• ESMA to put cyber risk as a new Union Strategic Supervisory Priority
  The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is changing its Union Strategic Supervisory Priorities (USSPs) to focus on cyber risk and digital resilience alongside ESG disclosures.
• With this new priority, EU supervisors will put greater emphasis on reinforcing firms’ ICT risk management through close monitoring and supervisory actions, building new supervisory capacity and expertise.
• Meanwhile, ESMA and national competent authorities (NCAs) will carry out preparatory work planning and shaping the supervisory activities to undertake under this priority.
• Paying close attention to this topic remains fundamental in building a data-driven supervisory approach, a key strategic objective under the ESMA Strategy.

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