by Joey Doyle | Mar 19, 2024 | Climate Risk
Welcome to a primer on climate risk in the financial industry. This blog series will guide you through some initial industry research into managing climate risk so that you understand what is at stake for your institution and how to get started with measuring and...
by Regitze Ladekarl, FRM | Mar 11, 2024 | Risk Report
Remember last summer when we spent endless days going over Team Regulator’s 1,000-page proposal for new bank rules? Well, after reading the comment section on their post—literally—it seems like Team Regulator wants a redo. On Wednesday, Jerome Powell of the Federal...
by Regitze Ladekarl, FRM | Mar 4, 2024 | Risk Report
We were going to give credit risk and commercial real estate a pass this week, but the news wouldn’t let us. Late Thursday our already troubled friend, New York Community Bancorp (NYCB), said it had discovered “material weaknesses” in how it tracks loan risk. The...
by Regitze Ladekarl, FRM | Oct 30, 2023 | Risk Report
Worry is within the purview of Team Regulator, and they do it well. This week, Gary Gensler of the SEC voiced his concern to FT that AI will cause substantial financial instability within the next decade. So here is his thinking: Financial institutions, especially...
by Tolani Makanjuola | Apr 25, 2023 | Business Analytics, General, Regulations
The multi-year implementation of the IFRS 17 accounting standard (“the standard”) has required significant enterprise-wide technology changes that have predictably proved challenging and complex for the insurance industry. Since 2017, industry players have...
