White Paper

Quantum Security for the Financial Sector: Informing Global Regulatory Approaches

Quantum Security for the Financial Sector: Informing Global Regulatory Approaches

The WEF and FCA outline a global framework to address quantum threats to the financial sector, where quantum computing could break current encryption by 2035. The paper proposes four guiding principles—reuse existing frameworks, set baseline “non-negotiables,” increase transparency, and avoid regulatory fragmentation—plus a four-phase roadmap: prepare, clarify, guide, and transition/monitor. Priorities include collaboration between regulators and industry, mapping regulations, adopting post-quantum cryptography, and ensuring harmonized, agile approaches to secure global financial stability in the quantum era.

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