All about economy and finance
The first Plenary of the FATF under the Presidency of T. Raja Kumar of Singapore concluded. Delegates from over 200 jurisdictions of the Global Network participated in these discussions at the FATF headquarters in Paris.
Outcomes FATF Plenary, 20-21 October 2022 Read More
Since the Great Financial Crisis (GFC), structural changes in financial markets have significantly altered the nature of liquidity provision. For one, banks have adapted to a new regulatory environment that …
BIS Quarterly Review: “Under pressure: market conditions and stress” Read More
Central bank digital currencies (CBDC) are becoming more common and attracting more attention. The emergence and increased use of digital currencies, with declining use of physical cash in some parts of the world, presents new opportunities and risks for central banks.
Central Bank Digital Currencies-2 Read More
BIS has recently published a new report to the G20 about options for access to and interoperability of CBDCs for cross-border payments. The report presents different options for access to and interoperability of CBDC systems to facilitate cross-border payments. It assesses these options based on five criteria: do no harm, enhancing efficiency, increasing resilience, assuring coexistence and interoperability with non-CBDC systems, and enhancing financial inclusion.
BIS Report: Options for Access to and Interoperability of CBDCs for Cross-border Payments Read More
Operational risk, in its broadest definition; the risks that cannot be associated with directly measurable risks such as credit, market and currency risks. By the Basel Committee, operational risk is perceived as a risk inherent in all banking products, services and transactions.
Operational Risk: Basel & CRD Read More
In recent history, economic crises have been experienced many times mostly affecting banking sector. Understanding the importance of the banking sector in the general economy, the Basel Committee on Banking Supervision of the Bank for International Settlements was established to protect banks against crises.
Banking Regulations: Basel III & CRD IV Read More
ince the Industrial Revolution, the wrong production policies of the enterprises, the economic interpretations of the mainstream ‘continuous growth-oriented economists’ and the insensitivity of human beings to the environment have left us facing a great disaster today. Increasing carbon emissions and pollution have created the greenhouse effect, causing global warming and climate change crisis.
Are Human Beings a Disease? Read More
Cryptocurrencies have somehow entered our lives since 2009. Although they are criticized for being used for illegal activities, many investors have accepted and used cryptocurrencies as an investment and payment tool.
Cryptocurrencies – History and Future Read More
The most important role of central banks is to ensure price stability (low and stable inflation) and to manage economic fluctuations. To be able to make this, central banks basically carry out monetary policy.
Monetary Policy of Central Banks: Traditional vs. Digital Environment Read More
Global economic prospects continue to deteriorate around the world. The rising commodity prices due to energy restrictions and embargoes after Russia’s invasion of Ukraine negatively affected the global economy. As a result, a global deterioration began to be observed in all macroeconomic data and expectations, especially inflationary pressure.
The Worst Economic Indicator of Today: Inflation Read More