GFMA submitted a response to the FSB consultative document on "Enhancing Third-Party Risk Management and Oversight."

GFMA and FIA submitted joint comments to the National People's Congress ("NPC") of the People's Republic of China regarding the Personal Information Protection Law ("PIPL").

GFMA submitted two letters to the Cyberspace Administration of China on its "Measures on Data Security" and  "Measures on Cybersecurity Review." The letters seek clarification on application and suggest amendments to the measures.

GFMA and its constituent bodies AFME, ASIFMA and SIFMA support an open and resilient global economy in which financial services can boost international trade and investment, and global economic growth while protecting individuals’ rights to privacy. With the rise of the digital economy, policymakers around the world have rightly strengthened their policies that protect data and privacy, while continuing to enable cross-border trade that contributes to global economic growth.

GFMA has released its Financial Data Handling Principles for Banks and Non-Banks as a voluntary set of principles drawn from international best practices. The principles are based on both the U.S. NIST Cybersecurity Framework and the European Union’s General Data Protection Regulation (GDPR).

GFMA, the European Banking Federation (EBF), and International Swaps and Derivatives Association (ISDA) publish a paper, “International Cybersecurity, Data and Technology Principles,” that offers the groups’ thoughts on foundational principles for the formation of effective policy on cybersecurity, data and technology.   

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