The Malta Financial Services Authority (“MFSA”) has become aware of an entity operating under the name of BTSave The entity presents itself as a Forex Broker providing a platform for trading in major commodities, stocks, indices and cryptocurrencies. The MFSA wishes to alert the public, in...
In November 2019 the Federal Council decided to introduce the net stable funding ratio (NSFR) for banks. Minor adjustments to FINMA’s “Liquidity risks – banks”....
The spread of the pandemic has significantly increased global risks. The authorities in the main economies have introduced expansionary policies to counter the recessionary effects of the health emergency and to safeguard financial stability. In the euro area, the ECB Governing Council has...
ECB Banking Supervision provides temporary relief for capital requirements for market risk The European Central Bank (ECB) today announced a temporary reduction in capital requirements for market risk, by allowing banks to adjust the supervisory component of these requirements. With this...
As new risks emerge and develop at surprising speeds, it is up to risk managers to keep up with these risks that may end up as major threats to their organisations. To achieve this, risk managers must be able to guide their organizations in strategic innovation. Earlier this year, a report by...
The Swiss Financial Market Supervisory Authority FINMA is publishing further guidance in the context of the COVID-19 crisis. The exemptions and clarifications related to its supervisory practice concern institutions authorized to apply the model approach to market risk as well as an extension...