Press Releases

The latest from the FSR Newsroom, featuring updates at the intersection of the financial industry and the nation’s capital. Follow @FSR for more.

FSR: NIST Cybersecurity Framework is the ‘Rosetta Stone’ of Cross-Sector Cyber Defense for U.S. Companies

February 25, 2016

The Financial Services Roundtable FSR, as part of the Financial Services Sector Coordinating Council (FSSCC), recently commended the substance of the NIST Cybersecurity Framework and requested that government regulators use its taxonomy and similar processes when developing any subsequent cybersecurity requirements for the financial services industry.

The comments were submitted in a letter responding to NIST’s Federal Register request for information regarding the NIST Cybersecurity Framework. The Framework has successfully created common “Rosetta Stone-like” standards for U.S. companies to assess their cybersecurity risk management and can be understood from the operations floor to the corporate boardroom.

Media Alert: DOJ, DHS, Treasury & Financial Industry Cyber Experts to Be Featured at FSR’s ‘Next Steps to Fighting Cyber Threats’ Event

February 23, 2016

FSR will host a public event “Next Steps to Fighting Cyber Threats: Implementing Cyber Information Sharing”.
The event will feature a series of panel discussions about how the Cybersecurity Information Sharing Act (CISA) will be implemented, and the impact it will have on the government and private sector’s ability to battle cyber threats.

Total Loss Absorbency Requirement to Help Ensure G-SIBs Can Be Resolved

February 22, 2016

Today, The Clearing House, the Securities Industry and Financial Markets Association, the American Bankers Association, the Financial Services Roundtable, and the Financial Services Forum submitted comments to the Federal Reserve in response to its proposal to impose total loss absorbing capacity, long-term debt and related “clean holding company” requirements on global systemically important banking groups (G-SIBs).

Save 10 Initiative Recognizes New Utah Employers as Save 10 Employers

February 19, 2016

The Save 10 Initiative, a project of the Financial Services Roundtable (FSR), recognized more than a dozen Utah employers as Save 10 companies. Save 10 companies help their employees better prepare for a secure retirement by enabling them to save 10 percent of their income toward retirement.