Basel Framework News Today

Artificial intelligence and crypto are not only reinventing financial products and delivery, but also influencing who gets to participate.

The UK regulators (primarily the Prudential Regulation Authority) are currently reviewing consultation responses received on the proposed implementation of Basel 3.1 in the UK, with the...

Key developments of interest over the last month include: the FCA publishing key findings from its multi-firm review of payment account providers’ systems and controls against money...

The Financial Stability Board (“FSB”) has published its report on 2023 Bank Failures: Preliminary lessons learnt for resolution which follows on from the report from the Basel Committee...

— NCB Financial Group to issue 300 million new shares in APO — Funds expected to raise around $21 billion to reduce debt and finance expansion — APO to be floated before year end but price and issue d...

The proposed takeover is part of a larger problem in the banking system

The ruling isn't just a win for Ripple Labs, but it's also a significant triumph for the broader crypto industry. Here's why: The SEC's decision to sue Ripple Labs had sent shockwaves across the industry, raising concerns that other cryptocurrencies could face similar legal challenges. This ruling, however, seems to have quelled some of those […]

The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

If a Fed liquidity facility specifically for Black banks is unattainable, an alternative might be a loan guarantee and direct lending program aimed at communities served by Black-owned banks. This may take the form of a direct women and minority business lending program operated by the Commerce Department's Minority Business Development Agency, or a loan guarantee program managed by MBDA and facilitated by large financial institutions with significant experience in insurance and loan guaran...

Bank regulators have historically neglected the needs of Black communities. Channeling funds to the banks that serve them would repair some of the damage.