NY, introduced companion legislation of the Senate’s FIRM Act to remove reputational risk as a component in bank supervision.

Incompetent government policy toward trade and finances can lead investors to demand a greater risk premium on sovereign debt ...

The decision to stop enforcing the Corporate Transparency Act, which requires the disclosure of the beneficial ownership of ...

In this interview, Sandy Trust, Director of Sustainability Risk, Baillie Gifford joins the FinextraTV Unplugged studio to discuss how existing financial risk management disciplines align with the ...

On March 28, the Fed released a report titled “Outlining and Measuring the Benefits of Risk Sensitivity in Bank Capital Requirements” evaluating ...

Critical to this shift is the use of data to drive decision-making. Our recent survey found that inaccurate or inconsistent ...

This rapid rate decline put the stock market at risk of triggering a circuit breaker, which would temporarily pause ...

The technical assistance aimed to enhance the Financial Stability Report (FSR) of the Central Bank of Curaçao and Sint Maarten. It reviewed the 2023 FSR and discussed the report's composition and the ...

The technical assistance (TA) missions to the Turks and Caicos Islands (TCI) aimed to enhance the Financial Services Commission’s (TCIFSC) financial stability efforts. The missions reviewed the ...

Late or failed payments are another major issue. A study found that over 70% of small businesses experience cash flow issues ...

The Financial Consumer Agency of Canada is responsible for protecting the rights and interests of consumers of financial products and services. It supervises federally regulated financial entities, ...

The comprehensive report analyzing fraud patterns on $4 trillion of submitted loan applications reveals that first-party fraud—where borrowers or dealerships misrepresent information to ...