CPMI says stablecoins would not necessarily have a positive impact on cross-border payments even if they were properly designed and regulated.
November 6, 2023The toolkit has been developed amid a growing reliance on third-party service providers for critical financial sector operations.
June 23, 2023South Korea is not required to join the test as none of its banks are classified as G-SIBs, but it is nonetheless joining in order to better monitor global contagion risks.
April 27, 2023The proposals will make it easier to designate investment managers, insurers and other nonbank financial groups as systemically important.
April 25, 2023The FSB will instead use assessments available through the IAIS Holistic Framework to inform its considerations of systemic risk in the insurance sector.
December 12, 2022Bank exposures to NBFIs, particularly highly leveraged firms, could lead to excessive risk concentration and potential liquidity issues.
November 30, 2022Reviews underway cover concentration risk in OTC derivatives markets, risk management at futures brokers, and block trading practices.
June 30, 2022Stablecoins and CBDCs may not offer advantages over innovations that are built on top of or aim to improve existing financial plumbing.
May 28, 2022The world's fourth largest stablecoin lost its peg this week, trading as low as 23 cents to the dollar on Wednesday.
May 12, 2022The DOJ, CFTC and SEC charged Archegos and four of its executives for defrauding banks and brokers and manipulating the prices of publicly traded securities.
April 28, 2022