Menon's Global Cyber Crisis of 2023 shows regulator's job is never done

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SINGAPORE (June 26): While central banks and financial regulators have gotten better at managing traditional risks such as credit and market risk, cyber risk will move to the forefront of the regulatory agenda within the next 20 years, said Ravi Menon, Managing Director, Monetary Authority of Singapore.

Menon said this in his keynote address Financial Regulation – 20 Years after the Global Financial Crisis at Symposium on Asian Banking and Finance Federal Reserve Bank of San Francisco, on Monday.

Taking the audience on a journey into the future, Menon said the post-Global Financial Crisis reforms had left the world in 2028 with a...(click on link for full story on theedgesingapore.com)