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‘It’s not just about addressing a global issue that might affect everybody, it’s also about protecting our people in our own land,’ Eddie Yue says. ....
Kyle Innes will return to the state government relations team at the Securities Industry and Financial Markets Association (SIFMA) as managing director and associate general counsel. He was vice president and assistant general counsel on the trade association’s state government affairs team before departing for a stint at the Financial Industry Regulatory Authority as associate… ....
Industrial and Commercial Bank of China (ICBC) injected significant capital into its U.S. unit to help settle trades after it was hacked this week and has hired a third party to make sure its systems are safe, three sources familiar with the matter said. ICBC’s representatives told market participants on a call organized by industry group the Securities Industry and Financial Markets Association (SIFMA) that they hoped the assessment would be done as soon as this weekend, according to the sources, who added that some expected the assessment to take longer. The attack, confirmed by ICBC on Thursday, is the latest in a string of ransom demands by hackers this year. ....
Saudi Arabia intends to introduce the first legislation for facility management in the real estate sector during the first quarter of 2024, according to Eng. Abdullah Al-Hammad, CEO of the Real Estate General Authority ....