Respondents to the RBNZ's consultation have expressed concerns that cash and privacy would be at risk of disappearing if a CBDC is issued.
May 11, 2022Global financial stability cannot be taken for granted going forward, FSB Chair Klaas Knot said in a letter to G20 Finance Ministers and Central Bank Governors.
April 21, 2022The facility allows banks to deposit excess liquidity at the RBI, without the central bank having to provide government securities as collateral in exchange.
April 16, 2022The portal will also be used to disseminate information about preventive measures firms can take to reduce the risks and impacts of cyber threats.
April 3, 2022New practice note offers guidance on governance, outsourcing, internal controls, technology risk, and business conduct, among other areas.
March 28, 2022The BCBS is exploring banks' use of AI/ML, specifically in the areas of explainability, governance, and resilience and financial stability.
March 18, 2022Boards, auditors, and regulators will demand that firms level up their incident response playbooks, tools, and platforms.
March 16, 2022APRA wants regulated entities to give compliance risk management the same attention they give to cyber risk, operational risk management and other risk classes.
February 23, 2022The FSA will carry out inspections to verify the effectiveness of cyber security systems at FIs. Common issues and good practices identified will be shared with the industry.
February 22, 2022Siddhant Sahai says a greater focus on inter-bank relationship monitoring and timely sharing of information are needed to truly address financial crime risks.
February 16, 2022