In our previous alert we mentioned a joint letter from the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) to the UK Government on their strategic approach to artificial ...
The BIS addressed stablecoins as a focal point in ongoing regulatory discussions, noting both their potential and the ...
Recent periods of financial stress and the proliferation of risks across the financial system are fueling the development of regulatory initiatives to strengthen requirements and promote international ...
Regulators should be paying more attention to the ballooning galaxy of nonbank financial institutions currently operating in global markets. The risks they pose to the financial system are not well ...
(TNS) — Top U.S. regulators view artificial intelligence as a looming vulnerability for financial stability, underscoring Washington’s mounting concern over systemic dangers posed by the burgeoning ...
At least 10 million Americans lost their homes during the 2008–09 global financial crisis. In the aftermath, Congress passed ...
Treasury Secretary Scott Bessent, who chairs the Financial Stability Oversight Council (FSOC), is preparing a new policy letter that shifts the body away from simply tightening rules and toward ...
In November, the Financial Stability Oversight Council — a group with voting members that include the secretary of the Treasury, the heads of all federal financial regulatory agencies and an ...
Recent periods of financial stress and the proliferation of risks across the financial system are fueling the development of regulatory initiatives to strengthen requirements and promote international ...