New downloadable book presents contributions by experts from the IMF, UN, Egmont Group, INTERPOL, and Europol.
May 16, 2023OFAC hired a chief sanctions economist to lead a new division that will assess the potential collateral economic effects of proposed sanctions.
May 16, 2023IMF staff said credit risk will "likely continue to materialise", and banks should properly recognise and provision for credit losses, including those from Mainland property exposures.
May 8, 2023The ECB is asking banks about their practices for hedging interest rate risk, including to assess whether risks have been shifted to nonbanks.
April 30, 2023The IMF suggests geopolitical risks should feed into stress testing, scenario analysis and requirements for banks to hold capital and liquidity buffers.
April 6, 2023The IMF estimates the banking sector recapitalisation needs around 6 percent of 2022 GDP. Local banks so far have opposed a domestic debt restructuring.
April 5, 2023The Executive Board’s decision enables an immediate disbursement worth $333mn million. Sri Lanka agreed to fiscal, monetary, governance and anti-corruption reforms.
March 21, 2023The IMF's Kristalina Georgieva has welcomed "decisive policy actions" by Sri Lankan authorities and the financial assurances obtained from major creditors.
March 16, 2023A global marketplace for trading tokenised money such as CBDCs would reduce the need for bilateral trust relationships and improve cross-border payments.
March 15, 2023An "IMF-FSB Synthesis Paper" due to be published in September will support a "coordinated and comprehensive policy approach to crypto-assets".
March 3, 2023