The paper says authorities should consider regulations for utility tokens, governance tokens, DeFi actors, and crypto firms that resemble financial conglomerates.
May 19, 2023Many prudential risks that arise from rising interest rates are "beyond the scope of Pillar 1" and are "more effectively addressed" through a robust Pillar 2 supervisory review process.
May 15, 2023The paper introduces the concept of the "accountability stack", which presents a broad range of regulatory instruments and supervisory tools that target individual accountability.
March 9, 2023On-site inspection will be initiated "immediately" in the event that financial services are interrupted for more than three hours due to a computer accident.
January 3, 2023Bigtech groups that are interconnected within the financial industry should be subject to group-wide requirements on operational resilience.
September 1, 2022The large exposures standard seeks to monitor and limit the loss an internationally active bank can face from a single client or a group of connected counterparties.
August 31, 2022A new paper from the Financial Stability Institute says neither entity-based nor activity-based regulation is in and of itself the optimal choice.
August 5, 2022The paper offers guidance for prudential authorities in deciding whether to allow tech firms to enter into banking, and what requirements to impose on them.
January 27, 2022The increasing use of suptech tools may diminish supervisory judgment, which could lead to “supervisory blind spots” and a “broader loss of institutional knowledge”.
December 12, 2021Common themes on AI governance create scope for the development of international guidance or standards, says a new paper from the Financial Stability Institute.
August 4, 2021