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    Big Picture

    FSB Takes Stock of Covid-19 Lessons on Financial Stability

    By Manesh Samtani | 13/07/2021

    Covid-19 may yet test the resilience of the global financial system, as lenders could still face additional losses as support measures are unwound, the FSB warns.

    AML / KYC

    Covid-19 Forced Companies to Short-cut KYC, Due Diligence

    By Ranamita Chakraborty | 13/07/2021

    A new Refinitiv report has found that Covid-19 substantially increased customer and third-party risks. Yet it also increased focus on ESG and green crime.

    Big Picture

    Multilateral Collaboration Essential for CBDC Development

    By Editors | 13/07/2021

    A new report from CPMI, BIS Innovation Hub, the IMF and the World Bank highlights the need for multilateral collaboration and interoperability between CBDCs.

    Capital / Liquidity

    ‘Noisy’ Stress Tests Can Promote Risky Bank Behaviour

    By Manesh Samtani | 11/07/2021

    When supervisory stress tests are less accurate, capital surcharges and disclosure of outcomes can amplify risk-taking by banks, says a BIS working paper.

    Big Picture

    Corporate Governance Policy Frameworks Need Strengthening: OECD

    By Ranamita Chakraborty | 04/07/2021

    The OECD says significantly fewer companies are using public equity markets, but that strengthening corporate governance policies and frameworks can help.

    Big Picture

    Consortium Proposes to Create Impact Reporting Rules for Banks

    By Editors | 01/07/2021

    Harvard Business School, Impact Institute, ABN AMRO, Danske Bank, DBS and UBS aim to create new social and environmental impact reporting rules for banks.

    Big Picture

    We Are Not Out of the Woods Yet: Agustín Carstens

    By Manesh Samtani | 01/07/2021

    While economic disaster was averted, the BIS warns that considerable uncertainty remains that will present significant challenges for policymakers.

    Big Picture

    FSB Offers Policy Options to Enhance MMF Resilience

    By Manesh Samtani | 01/07/2021

    Requirements for MMFs could include capital buffers, higher liquidity requirements, or the removal of the stable NAV, among other options.

    Big Picture

    Investors Call for Mandatory Climate Disclosures in Australia

    By Sanday Chongo Kabange | 01/07/2021

    Paper outlines suggestions for mandatory climate risk disclosures to be introduced in Australia over the next four years.

    Big Picture

    Japan’s Amended Banking Act to Have Limited Impact: Fitch

    By Ranamita Chakraborty | 30/06/2021

    The amendment is expected to contribute only marginally to addressing Japanese banks’ structural profitability challenges, Fitch Ratings says.

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