All about economy and finance
Regulatory reporting refers to the submission of data to regulatory authorities by financial institutions, such as banks, to comply with regulatory requirements. In Europe, regulatory reporting is governed by the European Banking Authority
Regulatory Reporting Requirements In European Banks Read More
Silicon Valley Bank managed to triple its deposits during the pandemic period between 2020 and 2022. In this, Silicon Valley benefited largely from the abnormal growth of start-up technology companies and their deposits at that time.
The Story of the SVB Collapse Read More
The banking sector in Japan plays an essential role in the country’s economy by providing various financial services, such as loans, deposits, and payment services, to households, businesses, and government entities.
The Banking Sector in Japan Read More
Money Laundering and Terrorist Financing in the Art and Antiquities Market Report is published in February by FATF (The Financial Action Task Force).
Money Laundering and Terrorist Financing in the Art and Antiquities Market Report Read More
In recent years, advances in technology and changes in user preferences, as well as changes in the legal and regulatory framework, have increasingly pushed consumers and businesses into digital payments.
Traditional Money vs. Digital Money Read More
The International Committee on Credit Reporting published Responsible Use of Technology in Credit Reporting : White Paper
Responsible Use of Technology in Credit Reporting : White Paper Read More
The Basel Committee on Banking Supervision published responses to frequently asked questions to clarify how climate-related financial risks may be captured in existing Pillar 1 standards.
Climate-related Financial Risks Read More
The International Committee on Credit Reporting (ICCR) recently published the Key Principles for Effective Regulation and Supervision of Credit Reporting Service Providers. Building on the existing principles and guidance documents developed by the ICCR, the report provides a globally applicable, principles-based framework for effective regulation and supervision of CRSPs to help develop credit reporting systems.
Key Principles for Effective Regulation and Supervision of Credit Reporting Service Providers 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
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