Finland: Updated guidelines on management of operational risk
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The FIN-FSA Financial Supervisory Authority has updated Regulations and Guidelines 8/2014 Management of Operational Risk in supervised entities of the financial sector.
The updated guidelines cover incident reporting of network and information security breaches. The guidelines also address fraud reporting concerning payment services. The document outlines certain European Banking Authority guidelines that supervised entities should take into account in their activities.
The updated guidelines will come into force on January 1, 2020.
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