Andrew Bailey, the governor of the Bank of England and chair of the ​FSB, an international financial watchdog, warned of a potential “double ⁠or ⁠triple whammy” if tighter ⁠funding ​conditions cause ...

The report also outlines various sources of information it will use to monitor and mitigate AI-related risks as well as flagging significant regulatory work in this space, including the new regulatory ...

In modern finance, optimisation has become more than a method—it has become a mindset. Every process is refined, every model ...

Banks and financial firms are increasing use of AI in fraud detection and lending decisions Regulators are working to update oversight as technology evolves The initiative aims to balance innovation ...

The regulatory controls and deposit insurance system put in place in the wake of the Great Depression created a sound financial system almost century ago. But these reforms have been made obsolete by ...

As long-term care costs rise and people live longer, senior living operators must think more strategically about balancing financial sustainability with resident security, according to one provider.

In an increasingly complex financial environment, risk management has become one of the most critical functions within the ...

Ghana’s banking system is recovering but remains vulnerable, and the IMF urges stronger, clearer macroprudential policies to prevent future financial crises. Key reforms include better decision-making ...

The Central Bank of Nigeria (CBN) says it will continue to implement more policies to tackle cybersecurity challenges and foster innovation to ensure the stability and integrity of the financial ...

President Muhammadu Buhari, on Tuesday commended the Central Bank of Nigeria (CBN) for diligently working towards achieving financial system stability in Nigeria. Buhari gave the commendation in his ...