All about economy and finance
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
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
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
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.
What are “Central Bank Digital Currencies”? Read More