Big Picture

As long as regulatory relief measures remain in the prudential framework, credit risks will continue to mount on bank balance sheets, presenting risks to financial stability.

Fragmentation introduces distortions and inefficiencies, undermining financing when it is needed to facilitate the recovery from Covid-19, ASIFMA says in a new report.

The Spotlight Review looks at current and future challenges that FICC market participants face in market surveillance and the impact of machine learning.

Stress testing is a crucial tool within a CCP’s toolbox for ensuring the stability, safety, and resilience of the financial market, says a new paper from CCP12.

Former HKMA head Joseph Yam worries that the world may slip into a third financial crisis due to insufficient liquidity and dwindling spending caused Covid-19.

China should prepare for potential US sanctions by increasing the use of CIPS for cross-border transactions, and by developing legislation similar to the EU’s blocking statute.

FMSB has published a Spotlight Review on the risks of undertaking financial services activities through new working arrangements, and measures to mitigate these risks.

The new 'Three Lines Model' is aimed at improving organisational structure to achieve better alignment, collaboration, and accountability among key players.

A lot of countries may have strong AML/CTF systems in place, but in practice they are not working, says a new report from the Basel Institute on Governance.

In a VMware Carbon Black report, financial services firms cited a rise in attack frequency and sophistication, with custom malware the most frequently experienced attack.