The Basel Committee on Banking Supervision (BCBS) issued a public consultation on revisions to the Core principles for effective banking supervision ("Core Principles") on 6 July 2023
This reflects supervisory developments and structural changes affecting the banking system since the previous update in 2012.
It covers six areas:
- financial risks - operational resilience - systemic risk and macroprudential aspects of supervision - new risks, including climate-related financial risks and the digitalisation of finance - non-bank financial intermediation
- risk management practices.
Check out the practical insights from the Basel Commission to the proposed changes to its Core Principles HERE.
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As Taiwan looks to bolster protection of its communication infrastructure, Elon Musk and his Starlink network are one clear solution. But, the billionaire’s deep ties with China and a demand for complete control of any Taiwan venture are proving to be problematic. Jamie Tarabay reports on Bloomberg Television.
Buy now, pay later companies like Affirm, Klarna and Afterpay boomed during the pandemic as consumers looked for an accessible alternative to credit cards. But even as their customer bases grow, these companies are struggling to turn a profit.
PayPal, Apple and even credit card companies themselves are trying to get in on the action.
WSJ explains how these services work, how they differ from traditional credit card payments and why some consumers have concerns.
My name is STANLEY EPSTEIN and I am a member of the Citadel Advantage Group. I am a Illumeo Certified Instructor. Check out all my Online Training Courses. Just CLICK on the INSTRUCTOR badge.
