BCBS newsletter discusses challenges relating to data availability and quality, capabilities and expertise, and climate scenario analysis.
November 23, 2023Major carbon-producing companies saw their firm value decrease following climate-related lawsuits and further reduce when unfavourable judgments were made.
June 22, 2023A new BIS paper proposes policy measures to tackle the risks that arise from the link between fiscal policy and financial stability.
April 18, 2023The move is aimed at stopping companies from using multiple banks to obtain "excessive financing", and helping banks to strengthen credit management and risk controls.
March 9, 2023The paper highlights the intertwined nature of DeFi protocols, the dependencies they can have on stablecoins, and how such dependencies can present vulnerabilities.
January 25, 2023Without early action, the UK's largest banks and insurers would suffer climate-related losses worth $418bn by 2050.
May 25, 2022The PBOC cited as examples the measures taken in relation to TMRW Group, Anbang, HNA Group, Baoshang Bank, Bank of Jinzhou and Hengfeng Bank, among others.
March 15, 2022MYbank failed to perform customer identification obligations, preserve identity information and transaction records, and report suspicious transactions.
February 10, 2022The CBIRC said it will dismantle "high-risk shadow banks", and crack down on illegal financial and fundraising activities, unfair competition, and unlicensed financial businesses.
February 8, 2022Thirteen tech firms including Tencent, ByteDance and Baidu’s fintech arm are directed to correct regulatory violations in their financial services businesses.
May 2, 2021