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FSB review finds uneven implementation of money market fund reforms

FSB review finds uneven implementation of money market fund reforms

Press enquiries: +41 61 280 8477 [email protected] Ref: 5/2024 Peer review finds uneven progress in implementing the 2021 FSB policy proposals for money market funds (MMFs) and calls on member jurisdictions to…

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Britain reviews investor code of practice with competitiveness lens By Reuters

Britain reviews investor code of practice with competitiveness lens By Reuters

© Reuters. FILE PHOTO: A general view of the financial district of London is seen in London, Britain, October 19, 2016. REUTERS/Hannah McKay/File Photo By Huw Jones LONDON (Reuters) – Britain’s code of good practice…

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Why economists are warning of another US banking crisis

Why economists are warning of another US banking crisis

March 2024 is making investors nervous. A major scheme to prop up the US banking system is ending, while a second may be winding down. Some economic commentators fear another banking crisis. So how worried…

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RBA names Susan Woods as first chief operating officer

RBA names Susan Woods as first chief operating officer

The Reserve Bank of Australia The Reserve Bank of Australia has named Susan Woods as the central bank’s first chief operating officer (COO). Woods, current assistant governor of corporate services at the central bank, will…

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High debt and financial stress: implications for Asian financial stability

High debt and financial stress: implications for Asian financial stability

FSB Chair Klaas Knot delivered the keynote speech at the second annual ASEAN+3 Economic Cooperation and Financial Stability Forum (AMRO Forum) “Safeguarding Growth and Stability in a Complex World: Challenges and Solutions”, held in…

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70% of Australians don’t feel in control of their data as companies hide behind meaningless privacy terms

70% of Australians don’t feel in control of their data as companies hide behind meaningless privacy terms

Australian consumers don’t understand how companies – including data brokers – track, target and profile them. This is revealed in new research on consumer understanding of privacy terms, released by the non-profit Consumer Policy Research…

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Oil gains over $1 on possible shipping disruptions By Reuters

Oil gains over $1 on possible shipping disruptions By Reuters

© Reuters. FILE PHOTO: Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/David McNew/File Photo HOUSTON (Reuters) -Oil prices…

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with fears of a UK tea shortage, worries are brewing over other crucial commodities

with fears of a UK tea shortage, worries are brewing over other crucial commodities

British people are known around the world for their love of tea. This is borne out by the statistics: a staggering 50 billion cups of tea are consumed on average in the UK every year.…

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FSB Chair highlights key issues to the G20

FSB Chair highlights key issues to the G20

Press enquiries: +41 61 280 8477 [email protected] Ref: 4/2024 FSB Chair warns of challenging outlook to global financial stability including debt servicing burdens, stretched asset valuations in some key markets, and leverage…

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What happens when we outsource boring but important work to AI? Research shows we forget how to do it ourselves

What happens when we outsource boring but important work to AI? Research shows we forget how to do it ourselves

In 2009, an Air France jet crashed into the ocean, leaving no survivors. The plane’s autopilot system shut down and the pilots, having become reliant on their computerised assistant, were unable to correct the situation…

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