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Big Picture

Australian Mutual Banks Face Consolidation Pressure: S&P Global Ratings

By Manesh Samtani | 22/08/2024

S&P Global Ratings suggests that as many as 40 mutual banks could disappear in the coming years, leaving fewer than 10 significant players in the market.

Crypto / Digital Assets

IMF Paper Highlights Untapped Potential of Programmability

By Ranamita Chakraborty | 22/08/2024

The paper proposes a framework for understanding programmability in payment and settlement systems.

Capital / Liquidity

IIGCC: Climate Physical Risk Tool Is Game Changer

By ESG Investor | 20/08/2024

A new methodology allows investors to evaluate and report on the physical risk climate change poses to their real assets.

Big Picture

MIT Researchers Create World’s First Catalogue of AI Risks

By Ranamita Chakraborty | 20/08/2024

The AI Risk Repository reveals that only 10% of AI risks are detected before deployment, underlining the importance of post-launch monitoring.

ESG / Sustainability

Major Banks Off-track on Climate: World Resources Institute

By ESG Investor | 19/08/2024

16 of 25 banks assessed have committed to coal financing phase-out by 2040 or earlier, but they are not all taking the necessary steps to get there.

Capital / Liquidity

Bangladesh Banking Sector Facing Elevated Risks: S&P Global Ratings

By Manesh Samtani | 14/08/2024

S&P Global Ratings says ongoing reforms could be delayed, liquidity will remain tight, and asset quality vulnerabilities will pressure banks.

Big Picture

Mekong Club Calls on FIs to Bolster Efforts Against Modern Slavery

By Nithya Subramanian | 13/08/2024

Mekong Club published a new report offering recommendations, typologies and indicators to help FIs address modern slavery risks.

Crypto / Digital Assets

NY Fed Assesses Effectiveness of Tornado Cash Sanctions

By Editors | 11/08/2024

The study found that non-cooperation with the Tornado Cash sanctions was not monetarily driven, but instead motivated by “philosophical reasons”.

Fintech / Regtech

Google DeepMind Publishes Research on GenAI Misuse Tactics

By Nithya Subramanian | 09/08/2024

The researchers categorise GenAI misuse into two categories – exploitation of GenAI capabilities, and compromise of GenAI systems.