Banking Archives - Page 2 of 2 - Economy and Finance Forum

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.

Banking

Central Bank Digital Currencies-2

August 23, 2022August 25, 2022 - by Admin - Leave a Comment

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.

Banking

Operational Risk: Basel & CRD

August 9, 2022August 9, 2022 - by Admin - Leave a Comment

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.

Banking

Banking Regulations: Basel III & CRD IV

August 2, 2022August 3, 2022 - by Admin - Leave a Comment

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 / Finance

Cryptocurrencies – History and Future

July 20, 2022July 20, 2022 - by Admin - Leave a Comment

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.

Banking / Finance

What are “Central Bank Digital Currencies”?

June 2, 2022June 3, 2022 - by Admin - Leave a Comment

Since the beginning of the use of “money” money, which is a means of payment, has taken various forms in line with the wishes and demands of the people. CBDC could potentially be at the center of transactions as a kind of digital currency backed by governments or central banks. The use of CBDCs is not necessarily a complete replacement for physical cash or other forms of money, including new digital currencies.