European regulators have been asked to conduct a one-off climate risk scenario analysis. The ECB separately plans to launch a thematic stress test on cyber resilience.
A global marketplace for trading tokenised money such as CBDCs would reduce the need for bilateral trust relationships and improve cross-border payments.
Analysts worry that Russia could retaliate to new US tariffs on imports of Russian aluminium by banning nickel and palladium shipments.
The strategy involves leveraging international cooperation, investigating crimes, bolstering infrastructure resilience, and addressing virtual currency abuse.
New report highlights the need for greater awareness and understanding of the risks and collaboration across public and private sectors.
The US Senate voted to repeal a Labour Department rule that allowed managers of retirement funds to consider ESG factors in their investments.
Toronto-Dominion Bank, HSBC Holdings, Independent Bank Group, Societe Generale and Trustmark Corp agreed to pay a combined USD 1.6 billion.
NatWest and National Australia Bank published a white paper drawing lessons from the UK and Australia's open banking implementations.
Agustin Carstens said the disappearance of $2tr in value from the crypto market in 2022 proves that cryptocurrencies cannot be a viable alternative to fiat.