Big Picture

Major updates to the dashboard include introducing new indicators as well as updating data for the existing indicators.

A new paper calls for financial commitments from investors, regulators, stock exchanges, national standard-setters and auditors to support the work of international audit and ethics standard-setters.

The IMF's Global Bank Stress Test shows that banks can generally absorb large shocks from a capital perspective, though some in emerging markets face greater risks.

BIS says BMAs help identify banks' vulnerabilities and provide grounds for early supervisory interventions, making bank supervision more effective, proactive and forward-looking.

Transparency alone is insufficient to drive the required asset reallocation in the absence of clear regulatory frameworks, the report says.

Greater scope and depth needed to keep pace with demand for more holistic approaches to climate risk management by banks and investors.

Banks and supervisors are concerned that a lack of complete supply chain transparency may increase operational risk.

DRR will allow for consistent rule interpretation, more streamlined and automated reporting, and fewer data quality issues, ISDA says.

Key focus areas include work to address Covid-19 scarring effects, enhance cross-border payments, and address financial risks from climate change.

In a new report, the EBA outlines findings from its second round of assessment of the approaches AML/CFT supervisors are using in the banking sector.