The BCBS will also consult on revisions to its Core principles for effective banking supervision and on a Pillar 3 disclosure framework for climate-related financial risks.
March 24, 2023State media said the RRR cut reflects the Chinese government's "responsibility to the world" after it resisted following the US in raising interest rates.
March 20, 2023“We witnessed a perfect storm in 2022 of so many negative pressures culminating to bring immense pressure on global stock markets," said WFE CEO Nandini Sukumar.
March 18, 2023The CFR will monitor the fallout from the collapse of US banks through ‘intensive supervision' of Australia’s banking system.
March 17, 2023Analysts worry that Russia could retaliate to new US tariffs on imports of Russian aluminium by banning nickel and palladium shipments.
March 10, 2023The 6 percent GDP decline in the adverse scenario makes it the most severe scenario ever used in the EU-wide stress test.
February 2, 2023Currency exchange transactions in Laos can now only be done through state-run banks. The move has resulted in nationwide business disruptions.
January 29, 2023The BSP says the higher caps will cushion the impact of inflationary pressure and interest rate hikes on banks and credit card issuers.
January 27, 2023The December 2021 suspension was due to expire on 20 December 2022. The extension is for one more year.
January 3, 2023Higher systemic risk scores are driven by increased exposures to illiquid and difficult-to-value assets, OTC derivatives, repo transactions and other factors.
December 20, 2022