Global regulators have been formalising cyber rules in recent months
The World Federation of Exchanges (WFE)
has thrown its weight behind regulatory efforts to boost cyber
security and called for greater coordination by its members to
support stability across the market.
"Exchanges and CCPs are vigilant and
pro-active about cyber security and resilience, the issues at
the heart of operating modern markets," said Nandini Sukumar,
chief executive officer of WFE on Monday.
"As markets assume a greater role in
funding and financing the economy, stakeholders must be
confident that they can trust them. There is global consensus
around the importance of investing and securing the framework
on which the system rests," she added.
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