EU and UK financial regulators have agreed processes for sharing financial and market information if there is a no-deal Brexit. The agreements will help fund managers to continue to outsource some services.
Global ransomware attack could leave $166bn ‘insurance gap’
Businesses around the world could be exposed to losses totalling $166 billion in the event of a major ransomware attack, and the cost to insurers of paying out on claims covered by cyber insurance policies could exceed what the total value of the premiums they collect from those policyholders, according to a new report.
US again demands North Korea offer full disclosure on nukes, risking angering Pyongyang even as Trump hails ‘progress’
The US special envoy for North Korea laid out an extensive list of demands for North Korean denuclearisation on Thursday that is likely to anger Pyongyang, even as President Donald Trump said the date and place for a second summit was set and hailed “tremendous progress” in his dealings with the country.
In a speech at Stanford University in Palo Alto, California, envoy Stephen Biegun called for North Korea to declare all its nuclear and missile programmes and warned that Washington…