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Global watchdog to report in October on how social media fuels bank runs

by AIP Online Bureau | Jan 23, 2024 | Banking & Bancassurance, International News, Regulation, Risk Management, Technology

Depositors pulled $42 billion from Silicon Valley Bank in just 10 hours. FSB Secretary General John Schindler said the watchdog is looking at how have deposit dynamics changed, what role has social media played, and what role has new technology played now that...

Global regulators make tackling non-bank leverage a priority for 2024

by AIP Online Bureau | Dec 22, 2023 | Eco/Invest/Demography, International News, Regulation, Risk Management

The G20’s Financial Stability Board (FSB) and IOSCO, a global grouping of securities markets regulators, on Wednesday issued tougher liquidity management guidance for asset managers of open-ended investment funds, adding to existing guidance for money market funds,...

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