FBOT Advisory refers to guidance or recommendations provided by the Financial and Banking Information Infrastructure Committee. This committee works to enhance the security and resilience of the financial sector’s critical infrastructure. Its advisories typically address cybersecurity threats, operational risks, and best practices for financial institutions. These documents assist in maintaining the stability and integrity of financial markets.
Context
While primarily focused on traditional finance, FBOT advisories increasingly consider the intersection of conventional banking systems with digital assets and blockchain technology. Discussions may include risk assessments related to cryptocurrency exposure and cybersecurity protocols for digital asset custodians. Future advisories could provide more specific recommendations for financial institutions integrating blockchain solutions. Adherence to these guidelines helps mitigate systemic risks.
US regulators SEC and CFTC initiate a comprehensive harmonization effort, clarifying spot commodity trading and reaffirming foreign exchange registration, signaling a strategic shift towards integrated digital asset oversight.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
