Big Picture

The FSB warns that bigtechs could become so large or dominant that their failure could have a severe impact on economic activity and financial stability.

New policy paper calls for the implementation of a "risk-sensitive" digital asset regulatory framework to provide certainty and encourage innovation in the sector.

A new report finds that Malaysian banks are vulnerable to a wide range of natural-related risks through their loan books.

New report analyses default and non-default loss scenarios potentially extreme enough to require the use of CCP recovery and resolution tools.

The IMF says Hong Kong authorities should strengthen analysis of Mainland-related credit risks, and ensure internal models used by local banks are sufficiently forward-looking.

Supervisors are concerned that residual support measures may be masking true credit risk conditions in the banking sector, the BCBS says.

Mutual evaluations also do not adequately take into account threat, materiality, and contextual factors. The FATF should promote the use of PPPs and data sharing.

A wholesale CBDC must be crafted with public and private sector collaboration. Implementation timelines should be set cautiously.

Countries should 'name and shame' companies with highly complex ownership structures and consider forcing 'too complex to fail' companies to simplify.

NFT and metaverse-related risks, and crypto account hacks and thefts, were cited as top information security risks for the first time.