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In a tumultuous year, one of the key clear messages to emerge from 2020 was that environmental, social and governance (ESG) concerns are here to stay. As mentioned in our 31 July 2020 article “ESG in 2020: A Half-Year Review,” although many investors feared that the focus on ESG policies would fall away in the face of an economic crisis, the opposite appears to have occurred. The pandemic instead has triggered a debate on what societies really value, and at the same time exposed the extent of global interconnectedness and the “tragedy of the horizon” whereby societies fail to plan in the longer term and only address issues when it is too late. This focus continued throughout 2020 and, as a result, many now regard the coming months and years as an opportunity to rebuild economies with ESG matters, corporate purpose and sustainability firmly placed at the fore. In this article, we review the key trends that emerged i
Circular to licensed corporations – Management of
cybersecurity risks associated with remote office
arrangements
The SFC published a circular reminding licensed corporations
(LCs) to assess their operational capabilities and implement
appropriate measures to manage cybersecurity risks associated with
remote office arrangements, in light of the increased use of such
arrangements as a result of the COVID-19 outbreak. The SFC set out
some examples of controls and procedures LCs may take in relation
to various aspects of remote office arrangements:
Remote access to internal network and systems - LCs should
consider the below measures (amongst others) to mitigate
cybersecurity risks:
Implement robust virtual private network (VPN) solutions, which
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01/28/2021 08:00 AM EST
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