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FSB seeks feedback on how existing national and regional data frameworks affect cross-border data flows

FSB seeks feedback on how existing national and regional data frameworks affect cross-border data flows

The FSB is conducting a survey as part of its work under Building Block 6 of the Roadmap for enhancing Cross-border Payments, where the FSB agreed to conduct a stocktake of existing national and regional…

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is New Zealand prepared for Omicron’s inevitable arrival?

is New Zealand prepared for Omicron’s inevitable arrival?

As New Zealand gets ready for the festive season under the new traffic light system, the emergence of the Omicron variant is a reminder this pandemic is far from over. The new variant of concern…

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Biden orders U.S. to stop financing carbon-intense fossil fuel projects abroad By Reuters

Biden orders U.S. to stop financing carbon-intense fossil fuel projects abroad By Reuters

© Reuters. FILE PHOTO: U.S. President Joe Biden delivers remarks on infrastructure at the Kansas City Area Transportation Authority in Kansas City, Missouri, U.S., December 8, 2021. REUTERS/Jonathan Ernst/File Photo By Valerie Volcovici WASHINGTON (Reuters)…

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Why is inflation so high? Is it bad? An economist answers 3 questions about soaring consumer prices

Why is inflation so high? Is it bad? An economist answers 3 questions about soaring consumer prices

Consumer prices jumped 6.8% in November 2021 from a year earlier – the fastest rate of increase since 1982, according to Bureau of Labor Statistics data published on Dec. 10, 2021. The biggest jumps during…

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Lael Brainard appointed as Chair of the FSB’s Standing Committee on Assessment of Vulnerabilities (SCAV)

Lael Brainard appointed as Chair of the FSB’s Standing Committee on Assessment of Vulnerabilities (SCAV)

Press enquiries: +41 61 280 8477[email protected] Ref: 42/2021 The Financial Stability Board (FSB) has appointed Lael Brainard, currently a Governor of the US Federal Reserve Board, as Chair of the FSB’s Standing Committee on…

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Suptech use expanded during pandemic, says BIS report

Suptech use expanded during pandemic, says BIS report

Some regulatory authorities considerably increased their use of supervisory technology, or “suptech”, a new Financial Stability Institute survey finds.   Prior to the pandemic, regulatory authorities had made relatively limited use of suptech for prudential…

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Oil prices on track for biggest weekly gain since August By Reuters

Oil prices on track for biggest weekly gain since August By Reuters

2/2 © Reuters. FILE PHOTO: A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016.…

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short-changed on funding and political commitment

short-changed on funding and political commitment

The word corruption has its roots in the Latin adjective corruptus which refers to something that is spoiled, corrupted or perverted. In South Africa, evidence of the perversion of public funds abounds. In his 2021…

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Rare fossil reveals prehistoric Melbourne was once a paradise for tropical pig-nosed turtles

Rare fossil reveals prehistoric Melbourne was once a paradise for tropical pig-nosed turtles

The pig-nosed turtle, an endangered freshwater turtle native to the Northern Territory and southern New Guinea, is unique in many respects. Unlike most freshwater turtles, it is almost completely adapted to life in water. It…

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U.S. says will take a few days to judge Iran stance in nuclear talks By Reuters

U.S. says will take a few days to judge Iran stance in nuclear talks By Reuters

2/2 © Reuters. Deputy Secretary General of the European External Action Service (EEAS) Enrique Mora and Iran’s chief nuclear negotiator Ali Bagheri Kani with delegations wait for the start of a meeting of the JCPOA…

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