A "long, complex value chain" of intermediaries between fund managers and retail investors raises the potential for conflicts of interest.
There is no standard approach to identifying the types of data that need to be protected, nor the manner in which that data should be protected.
The average NPL ratio at Thai banks will likely rise to 6% next year, the highest level since the 2009 GFC, S&P Global Ratings says.
Measures proposed in a new IMF staff paper include enhanced liquidity management tools, redemption frequency limits, and the use of swing pricing to disincentivise early exits.
Areas of AML/CFT policy that urgently need more attention are virtual assets, implementation effectiveness, beneficial ownership, and DNFBPs.
A Kroll survey found that 82% of senior decision-makers for risk strategy felt corruption significantly impacted their organisations in 2020.
Fees and commissions banks charge for cross-border transactions will be reduced with wide adoption of CBDCs.
The OECD recommends the creation of a roadmap for improving reporting of climate-related risks by listed companies and financial institutions.
A paper by Citadel Securities, NYSE, Nasdaq, MIAX, MEMX, and BOX says exchanges can provide an additional layer of protection on top of broker-dealers' own risk controls.
The EBA, ESMA and EIOPA warn of increasingly sophisticated cyber-attacks, deteriorating credit quality, and possible exuberance in markets.
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