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Risk Management For Financial Stability
Raimund Röseler emphasized risk management for financial stability, focusing on interest rate and commercial credit risks. Effective management tackles rate fluctuations, while close supervision mitigates loan default risks in high-risk banks.
FSB: Third Party Risk Management Proposal
The FSB proposes a digital toolkit to enhance third-party risk management in finance. It reduces risks, fosters regulatory alignment, and strengthens institutions' resilience. The toolkit focuses on critical services, offers a holistic view, and is adaptable to smaller institutions.
Which are the Regulatory Requirements for Cybersecurity?
In the EU, financial institutions follow cybersecurity regulations: GDPR protects personal data, NIS Directive sets security standards for vital services, EBA offers risk management guidelines, and DORA mandates frequent risk assessments for resilience.
Digital Euro: ECB Thoughts on CBDC Regulation and Processes
The ECB and the European Commission are progressing a digital euro project. Yet, it faces political skepticism over its value. Despite opposition, some ECB proponents see it as a digital-age solution, offering stable access to state money, independent of commercial banks.
EU Regulatory framework changes: Supervisory Reporting
The EBA has revised the ITS on supervisory disclosures, updating it in line with EU legal changes, especially for supervisory reporting and investment firms. Aimed at boosting data quality and comparability, it seeks to enhance market transparency.
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