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Navigating liquidity stress: operational readiness for central bank support

The 2023 banking turmoil demonstrated once again the potentially systemic consequences of liquidity stresses and the need for effe...

Regulating AI in the financial sector: recent developments and main challenges

This paper explores the potential transformative impact of artificial intelligence (AI) on the financial sector, focusing on opera...

Uncertain waters: can parametric insurance help bridge NatCat protection gaps?

Economic losses from natural catastrophes (NatCat) are rising, with a significant proportion remaining uninsured. This protection ...

The effectiveness of macroprudential policies during the Covid-19 pandemic in sub-Saharan Africa

This paper studies the macroprudential response to the Covid-19 pandemic in a set of sub-Saharan African countries and finds evide...

The rising tide of climate finance - scope to adjust prudential treatment

The interconnection between the climate change crisis and environmental degradation presents an urgent need for economies and busi...

A two-sided affair: banks and tech firms in banking

Tech firms, including big techs and fintechs, now deliver various financial services traditionally provided by banks, often by obt...

Liquidity stress tests for banks – range of practices and possible developments

Liquidity stress tests are traditionally employed by financial authorities to assess the materiality of liquidity risk within the ...

Unallocated TLAC - Executive Summary

The Financial Stability Board (FSB) Key Attributes of Effective Resolution Regimes for Financial Institutions aim to ensure that t...

Impact of Digitalisation on Operational Continuity in Resolution - Executive Summary

Effective resolution aims to ensure continuity of the critical functions (CFs) of a failing financial institution. CFs are activit...

Cross-border Crisis Simulation Exercise in Latin America

In February 2024, financial authorities in seven countries in Latin America participated in a crisis simulation exercise (CSE) to ...

Climate scenario analysis: emerging supervisory practices – Executive Summary

Climate scenario analysis is a risk assessment tool that provides a "what if" methodological framework to explore how climate-rela...

The financial stability implications of multifunction cryptoasset intermediaries - Executive Summary

Multifunction cryptoasset intermediaries (MCIs) refer to individual firms, or groups of affiliated firms, that offer a wide range ...

Core principles for effective banking supervision - Executive Summary

The Core Principles for effective banking supervision, also known as the Basel Core Principles (BCPs), are the minimum global stan...

Peering through the hype - assessing suptech tools' transition from experimentation to supervision

Recent episodes of banking stress underscore the need for supervisors to identify issues at an early stage and ensure that financi...

Stablecoins: regulatory responses to their promise of stability

Stablecoins are gaining traction in the mainstream financial sector, presenting both opportunities and challenges. They hold the p...

Safeguarding the financial system's spare tyre: regulating non-bank retail lenders in the digital era

Non-bank financial intermediaries (NBFIs) encompass numerous firms with distinct business models that provide various financial se...

Recommendations for the Regulation, Supervision and Oversight of Global Stablecoin Arrangements - Executive Summary

Stablecoins, like other cryptoassets, have the potential to enhance the efficiency of how financial services are provided, but the...

Cross-border crisis simulation exercise in sub-Saharan Africa

In February 2023, financial authorities in eight countries in sub-Saharan Africa participated in a crisis simulation exercise (CSE...

Bank transfers in resolution – practices and lessons

Transfer transactions can be a useful tool in the resolution of failed banks. Their adoption in resolution can offer advantages in...

Too hot to insure – avoiding the insurability tipping point

Sound insurance pricing and underwriting practices are essential to manage financial risks arising from climate change. At the sam...

Managing cloud risk – some considerations for the oversight of critical cloud service providers in the financial sector

Financial firms' use of the cloud, including for their critical services, has been increasing over the years and is expected to co...