In the Risk Outlook, Finanstilsynet emphasises that banks and insurance companies must factor in the great uncertainty that still attends the future path of the Covid-19 pandemic and its economic impact.
The Australian Prudential Regulation Authority (APRA) has taken enforcement action against Westpac Banking Corporation (Westpac) in response to material breaches of APRA’s prudential standards on liquidity
At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on 3-year Australian Government bonds
Important lessons can be drawn from the past to understand the factors influencing the journey towards the future of money, including the possible introduction of a digital euro. Ensuring the euro meets the needs of European citizens is at the core of the ECB’s mandate.
Retail payments play a fundamental role in our daily lives and for the economy. Last year, adults in the euro area made two payments per day on average.