Managing suppliers, contractors and other third-party relationships involves understanding the specific risks they bring to ...
The Principles for Financial Market Infrastructures (PFMIs) are international standards related to the risk-management, efficiency and transparency of systemically important FMIs. They were introduced ...
A framework of policies and authorities support the risk control process. The Group Chief Compliance ... and through full compliance with our standards and principles, particularly our Code of Conduct ...
Basel Committee on Banking Supervision. 2003. Sound Practices for the Management and Supervision of Operational Risk. Basel Committee on Banking Supervision. 2004. International Convergence of Capital ...
The FSOC has raised alarms over the potential risks posed by stablecoins due to inadequate risk management standards.
On November 20, 2024, the Basel Committee on Banking Supervision (BCBS) issued a press release following its meeting in Basel ...
Stablecoins' lack of solid risk management standards exposes them to ongoing risks that could also put financial stability in ...
The Financial Services Oversight Council (FSOC) has discussed the threat of stablecoins to financial stability. According to ...