Working Group

Newly Launched Core Carbon Principles: Governance and Integrity for Carbon Credits

Carbon credits have become an increasingly popular way for companies to offset their carbon emissions and demonstrate their commitment to sustainability. However, the carbon credit market has faced criticism for lacking transparency and accountability, leading to concerns about the validity of carbon credits and their ability to effectively mitigate climate change.To address these concerns, a group of leading carbon credit buyers and sellers have launched the Core Carbon Principles, a set of guidelines aimed at promoting governance and integrity in the carbon credit market. The principles were developed by a

Experts Confirm FDA’s Medical Device Cybersecurity Overhaul Has Significant Impact

The medical device industry has been undergoing a significant overhaul in recent years, particularly in the area of cybersecurity. The Food and Drug Administration (FDA) has been working to strengthen its regulations and guidelines to ensure that medical devices are secure from cyber threats. Experts in the field have confirmed that the FDA's medical device cybersecurity overhaul has had a significant impact on the industry.Medical devices are increasingly connected to the internet and other networks, which makes them vulnerable to cyber attacks. These attacks can compromise patient safety and privacy,

BIS seeks public feedback on ISO 20022 harmonisation initiatives

The Bank for International Settlements (BIS) is seeking public feedback on its initiatives to harmonise the ISO 20022 standard. ISO 20022 is a global messaging standard used by financial institutions to facilitate payments and securities transactions. Harmonisation of the standard is intended to make it easier for financial institutions to use and implement, while also reducing the cost of compliance.The BIS has identified a number of areas where harmonisation could be beneficial, including the use of common message types, the reuse of existing message types, and the development of new