A new CCP12 paper highlights a lack of transparency in the amount of collateral posted in bilateral markets, which is needed to more accurately assess liquidity requirements and latent risks.
DTCC is calling for a cross-sectoral, coordinated strategy around the development of a principles-based framework to identify and address DLT-specific security risks.
Banks take an average 251 days to discover the occurrence of operational loss events, and 184 days to move from discovery and recognition, according to a new BIS paper.
The Cambridge Centre for Alternative Finance and World Economic Forum, with support from EY and Invesco, shed light on the evolving landscape of AI-enabled financial services.
The paper points to varying asset valuation practices, which impact measurements of banks' regulatory capital, along with Pillar 1 and Pillar 2 implementation differences.
A global survey of sanctions professionals reveals a lack of industry awareness of proliferation finance risks, and a lack of focus on this area in compliance programmes.
S&P Global Ratings says the new coronavirus outbreak will add to the challenges Hong Kong banks already face amid social unrest, US-China trade tensions, and China's economic slowdown.
The absence of an effective response by Hong Kong's government to address the concerns of the population indicate weaker institutional and governance strength.
Non-bank financial intermediation posing bank-like financial stability risks grew by 1.7% in 2018, significantly slower than the 2012-2017 average annual growth rate of 8.5%.
To reap the benefits of new technologies to develop markets and expand financial inclusion, the security of information and communications technologies must be ensured.