The PRA’s new supervisory statement extends banks’ model risk management obligations “across all models” - not just capital and stress testing. What steps must banks take to comply? Despite last ...

The RBI has approved a landmark shift from flat-rate to risk-based deposit insurance premiums. Learn how this new framework ...

Regulators around the world differ in their approach to model risk management (MRM) regulation – including their definitions of what a model is. While some are more prescriptive, others such as the UK ...

North America dominates the global market with 38% of market share, led by the United States, where regulatory agencies such as the Federal Reserve, OCC, and FDIC continue to enhance guidelines for ...

In July 2024, Circle became the first stablecoin issuer to comply with the European Union’s Markets in Crypto-Assets regulatory framework. Circle, the issuer of the USD Coin (USDC) stablecoin, ...

We present the ENV-FIBA macro-micro model framework that can be used to analyze the climate-macro-financial consequences of climate scenarios and related policy counterfactuals. The model consists of ...