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Keywords: Financial Stability
British authorities have urged companies to strengthen their preparedness against emerging risks linked to advanced artificial intelligence systems. In a joint statement released on Friday, the UK Treasury, the Bank of England, and the Financial Conduct Authority emphasized the growing cybersecurity......
A newly appointed member of the Bank of Korea has warned that inflation concerns are increasing as global economic uncertainty continues to affect energy prices and financial markets. Speaking in Seoul, board member Kim Jin-ill stated that higher oil prices linked to tensions in the Middle East are......
The Moroccan financial guarantee institution Tamwilcom has launched a strategic initiative aimed at strengthening its financial stability and improving its capacity to support very small, small, and medium-sized enterprises (TPME). The project focuses on enhancing asset-liability management to better......
Japan’s financial regulator is preparing to launch a public-private working group aimed at strengthening defenses against emerging cybersecurity risks linked to advanced artificial intelligence systems, particularly the new Mythos model developed by Anthropic. According to Finance Minister Satsuki......
Swiss lawmakers have launched discussions aimed at rapidly deciding new capital requirements for UBS Group AG, the country’s largest bank. The debate reflects growing urgency to clarify financial regulations in the wake of recent banking sector upheavals. Parliamentary sources indicate that authorities......
FINMA has indicated that the emergency response plan of UBS still requires further development, following a series of inspections carried out across the banking sector. According to the regulator, a significant share of its on-site inspections in 2025 focused on UBS, reflecting the bank’s systemic......
Regulatory authorities are closely monitoring the development of Anthropic Mythos, a new advanced AI system developed by the company Anthropic, amid concerns about its potential impact on global financial systems. Experts suggest that the model’s advanced coding capabilities could allow it to......
Libya has taken a significant step toward economic and political unity after its rival legislative bodies approved the country’s first unified state budget in more than a decade. According to official statements, both the House of Representatives and the High Council of State endorsed the new......
Switzerland is expected to finalize stricter capital requirements for UBS this month, a move that could significantly influence the future of the country’s largest bank and potentially affect its decision to remain headquartered in Switzerland. Following the 2023 collapse of Credit Suisse and......