
Financial services resilient as risks converge
IRMSA says economic weakness, cyber threats, fraud, and climate pressures are increasingly interacting, while digital innovation and financial inclusion offer routes to growth.

IRMSA says economic weakness, cyber threats, fraud, and climate pressures are increasingly interacting, while digital innovation and financial inclusion offer routes to growth.

Officials outline key supervisory areas affecting financial institutions, with a focus on governance, AML controls, cyber resilience, and consumer-facing risks.

The Authority will host virtual workshops and tailored sessions with industry stakeholders, who have two months to comment on the draft Return.

Financial institutions are advised to pause their internal Conduct of Business Return initiatives pending further communication from the FSCA.