Risk-management practices at financial institutions have undergone a quantitative revolution over the past decade or so. Increasingly, financial firms rely on statistical models to measure and manage ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

BNDS is actively managed and deliberately credit-focused. Its prospectus allows holdings “of any credit quality,” including high-yield and even distressed bonds. Target sectors often include utilities ...

Governor outlines a push for greater transparency in bank supervision and capital rules, signaling potential impacts for ...

All the major banks passed the Federal Reserve‘s annual “stress tests” of the financial system, the central bank said Friday, but the test conducted by the central bank was notably less vigorous than ...

The justifications for the proposed changes to large bank regulatory capital requirements in the so-called “Basel III end-game” Notice of Proposed Rulemaking are schizophrenic. Regulators argue that ...

This paper presents a technical note on bank stress testing and climate risks analysis in Maldives. Although the Maldives’ economy has rebounded strongly from the pandemic-induced contraction, macro ...

Australia’s banking regulator plans to stress test the nation’s financial sector to shed more light on the impact of private credit capital flows on other market segments. “Private credit is a new and ...

Latest economic research and insights delivered to your inbox each month. The Technical Assistance (TA) mission, conducted in Victoria, Seychelles, from May 2 to 17, 2023, assisted authorities with ...

A strong risk culture is crucial for the success and stability of financial institutions. Properly pricing risk involves understanding potential outcomes and adjusting reserves accordingly. Proactive ...