Events listed in report / study
Criptovalute sempre più volatili ed esposte al rischio cyber. A settembre 2023 ...
ID 25872
Consob published the second edition of the annual report Emerging trends in sustainable investments and cryptoasset markets. The report provides insights into the performance, risk exposure, and trends in ESG investments, traditional financial markets, bonds, sustainable funds, and the volatile world of crypto-assets, emphasizing the importance of sustainability and cybersecurity in these markets. The high volatility of cryptocurrencies is increasingly recognized as a structu ...
The EBA’s monitoring of IFRS 9 implementation by EU institutions confirms need to ...
ID 25856
EBA has issued its second report on the implementation of the IFRS 9 by EU institutions, particularly focusing on HDPs. The report acknowledges the significant progress made by institutions in implementing ECL impairment models, which facilitate timelier recognition of loss provisions. However, it also underscores persistent concerns and some divergence from EBA’s expectations regarding the implementation of IFRS 9. One key area of concern ...
AFME report highlights room for improvement in EU sustainable finance regulation
ID 25842
AFME has recently published a comprehensive report titled “Sustainable Finance in the EU: Priorities to unlock financing and investment.“ This report sheds light on the existing challenges within the EU’s sustainable finance framework and proposes key recommendations to enhance its efficacy. The report starts by acknowledging the progress made in establishing the EU sustainable finance regulatory framework. However, it emphasizes that despite the application ...
Higher interest rates challenging highly indebted companies and households
ID 25740
In view of the recent publication of Riksbank’s Financial Stability Report 2023:2, the Central Bank has released an accompanying press statement in which it informs of the key risks identified for financial market stability during its latest assessment. According to the report and the enclosed press release, the following key issues may pose (significant) risks to market stability: **(1) Impact of higher interest rates ...
Illicit Financial Flows from Cyber-enabled Fraud
ID 25725
The present FATF report on Illicit Financial Flows from Cyber-Enabled Fraud focuses on the escalating issue of CEF as a burgeoning transnational organized crime. CEF criminal syndicates exhibit intricate structures, with distinct sub-groups possessing specialized criminal expertise, notably in money laundering. These sub-groups may operate in a decentralized manner across different jurisdictions, posing challenges to investigating CEF activities. Additionally, CEF syndicates ...
Consolidated assessment ratings & Cambodia’s, Thailand’s, ...
ID 25724
The FATF has published its latest updates to its Consolidated assessment ratings together with Cambodia’s, Thailand’s, Mongolia’s and Myanmar’s progress in strengthening measures to tackle money laundering and terrorist financing. The updated Consolidated assessment ratings provide an up-to-date overview of all assessed countries concerning the effectiveness and technical compliance with the FATF Recommendations, using the FATF Methodology together wit ...
FINMA-Risikomonitor 2023: Aktuelle Risiken in der Finanzbranche
ID 25723
Die FINMA hat ihren Risikomonitor 2023 veröffentlicht und identifiziert neun bedeutende Risiken im Finanzsektor. Zwei neue Risiken, die in diesem Jahr hervorgehoben werden, betreffen Liquidität und Refinanzierung sowie Outsourcing. Geopolitische Spannungen, regionale Konflikte, hohe Inflation, steigende Zinsen und Energiekosten tragen zu einem sensiblen makroökonomischen Umfeld bei, das den Finanzsektor beeinflusst. Im März 2023 belasteten der Zusammenbruch mehrerer regionale ...
Ein Pfeiler der Finanzstabilität – Die Rolle der SNB als Kreditgeberin der ...
ID 25717
Die SNB hat ein Referat veröffentlicht, in dem sie die Rolle der SNB als Kreditgeberin der letzten Instanz und ihren Beitrag zur Stabilität des Finanzsystems beleuchtet. Die SNB gewährt in Krisensituationen Liquiditätshilfe, insbesondere in Form von besicherten Darlehen, um einen hohen Bedarf an flüssigen Mitteln bei Banken zu decken. Dabei akzeptiert sie eine breite Palette an Sicherheiten, vor allem Hypotheken. Die SNB hat bisher ...
AFM: Digitalisation is changing the financial sector; the housing market is not ...
ID 25689
AFM published its Trend monitor for 2024 addressing various topics, from which we summarise due to relevance the follwing key trends and associated risks in the financial sector across four supervisory areas. The report covers general economic developments, sustainability challenges, digitalization impacts, internationalization, and risks related to financial services, capital markets, asset management, and financial reporting and audit firms. 1. General Developments: The eco ...
Relationship discounts in corporate bond trading
ID 25654
The Prudential Regulation Authority (PRA) has published a working paper which outlines the findings from a study that examined dealer-client relationships in the over-the-counter (OTC) corporate bond market using regulatory and proprietary data sets. Specifically, the study looked at the prices long-standing clients of bond dealers had to pay versus those costs clients with no relationship incurred. As shown in the working paper, the ...