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Climate Risk
Japan Regulators Deepen Climate Risk Scrutiny with New Scenario Tests
By Editors | 02/07/2025
Separate analyses for banks and insurers highlight growing transition and physical risks, urging firms to enhance risk management frameworks.

AI Risk & Governance
BOJ Study Examines Legal Consequences of AI Errors in Finance
By Thisanka Siripala | 20/06/2025
New BOJ report urges FIs to rethink contracts, customer protections, and governance before embedding AI into core operations.

CBDCs
BOK Pushes Banks on CBDC Trials, Weighs Stablecoin Risks
By Manesh Samtani | 29/05/2025
Bank of Korea urges commercial lenders to join CBDC pilots, explores private stablecoin integration amid capital outflow concerns.

Emerging Prudential Risks
BOJ Calls on Banks to Be Extra Vigilant in Current Environment
By Thisanka Siripala | 25/04/2025
Banks could see volatility in their stock prices, more defaults by client firms, and risks from exposures to foreign non-banks.

Market Risk
Japan FSA Raises Alarm Over Hidden Losses in Structured Loans
By Thisanka Siripala | 22/04/2025
Structured loans which bundle JGBs with derivatives have allowed regional banks to avoid marking-to-market or publicly disclosing losses as interest rates have risen.

Emerging Prudential Risks
BOJ Raises Interest Rates to Highest Level in 17 Years
By Thisanka Siripala | 25/01/2025
BOJ Governor Kazuo Ueda said the rate hike aligns with the central bank’s efforts to maintain inflation at its 2% target over the medium term.

CBDCs
Central Banks Offers Legal and System Design Lessons for Retail CBDC
By Manesh Samtani | 01/12/2024
Seven central banks have published two new papers summarising key legal and system design aspects of retail CBDC.

Reporting & Disclosures
BCBS Postpones Climate Risk Disclosure Framework for Banks
By Thisanka Siripala | 21/11/2024
The BCBS has been unable to finalise the Pillar 3 disclosure framework for climate-related financial risks because the US refuses to endorse it.

Emerging Prudential Risks
US, Hong Kong Cut Rates for the First Time in Four Years
By Manesh Samtani | 19/09/2024
The last time the US Federal Reserve and HKMA lowered their benchmark interest rates was during the early days of the Covid-19 pandemic in 2020.

Tokenisation
More Than 40 Private Sector Firms Join BIS Project Agora
By Manesh Samtani | 17/09/2024
Seven central banks will work with more than 40 financial firms to explore how tokenisation can enhance wholesale cross-border payments.
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