As of the end of 2020, it was estimated that over $70 trillion of USD Libor exposures would remain outstanding beyond the cessation of remaining tenors after June next year.
The latest report from the Financial Stability Board finds although overall implementation is “well advanced”, annual progress remains incremental when it comes to completing the final steps.
The Financial Stability Board publishes report highlighting potential risks of using artificial intelligence technology.
Report outlining areas of regulatory or supervisory issues in FinTech highlighted three key priorities.
Mark Carney outlines priorities for FSB which includes addressing vulnerabilities in asset management.