Tag: Financial Services

Amazon Web Services (AWS) has released a new whitepaper to help financial services customers in Canada accelerate their use of the AWS Cloud. The new AWS User Guide for Federally Regulated Financial Institutions in Canada helps AWS customers navigate the regulatory expectations of the Office of the Superintendent of Financial Institutions (OSFI) in a shared responsibility environment. […]

Amazon Web Services (AWS) is pleased to announce that AWS Payment Cryptography is certified for Payment Card Industry Personal Identification Number (PCI PIN) version 3.1 and as a PCI Point-to-Point Encryption (P2PE) version 3.1 Decryption Component. With Payment Cryptography, your payment processing applications can use payment hardware security modules (HSMs) that are PCI PIN Transaction […]

In December 2022, FINMA, the Swiss Financial Market Supervisory Authority, announced a fully revised circular called Operational risks and resilience – banks that will take effect on January 1, 2024. The circular will replace the Swiss Bankers Association’s Recommendations for Business Continuity Management (BCM), which is currently recognized as a minimum standard. The new circular […]

Amazon Web Services (AWS) is pleased to announce the third issuance of the Swiss Financial Market Supervisory Authority (FINMA) International Standard on Assurance Engagements (ISAE) 3000 Type II attestation report. The scope of the report covers a total of 154 services and 24 global AWS Regions. The latest FINMA ISAE 3000 Type II report covers […]

The Reserve Bank of New Zealand’s (RBNZ’s) Guidance on Cyber Resilience (referred to as “Guidance” in this post) acknowledges the benefits of RBNZ-regulated financial services companies in New Zealand (NZ) moving to the cloud, as long as this transition is managed prudently—in other words, as long as entities understand the risks involved and manage them […]

We’re excited to announce the completion of our annual Outsourced Service Provider’s Audit Report (OSPAR) audit cycle on July 1, 2022. The 2022 OSPAR certification cycle includes the addition of 15 new services in scope, bringing the total number of services in scope to 142 in the AWS Asia Pacific (Singapore) Region. Newly added services […]

Amazon Web Services (AWS) has released a new whitepaper to help financial services customers in New Zealand accelerate their use of the AWS Cloud. The new AWS User Guide to Financial Services Regulations and Guidelines in New Zealand—along with the existing AWS Workbook for the RBNZ’s Guidance on Cyber Resilience—continues our efforts to help AWS […]

AWS is pleased to announce the issuance of a second Swiss Financial Market Supervisory Authority (FINMA) ISAE 3000 Type 2 attestation report. The latest report covers the period from October 1, 2020 to September 30, 2021, with a total of 141 AWS services and 23 global AWS Regions included in the scope. A full list of certified services […]

We are pleased to announce a new AWS workbook designed to help New Zealand financial services customers align with the Reserve Bank of New Zealand (RBNZ) Guidance on Cyber Resilience. The RBNZ Guidance on Cyber Resilience sets out the RBNZ expectations for its regulated entities regarding cyber resilience, and aims to raise awareness and promote […]

August 21, 2023: This post has been updated in recognition of the announcement of the second Canadian Region to be opened in Calgary in late 2023 / early 2024. Compliance in the cloud is fraught with myths and misconceptions. This is particularly true when it comes to something as broad as disaster recovery (DR) compliance […]