Risk Management

The Basel Committee on Banking Supervision is warning that a fast-growing market for banks to offload credit risk to private investment funds needs close monitoring because it is creating new vulnerabilities for the global financial system.

Stablecoins have become both core crypto “plumbing” and a key rail for the most consequential forms of crypto-enabled crime, with illicit activity increasingly concentrated in a handful of large, sanctions-linked networks.

Businesses attempting to navigate the shifting shoals of international tariffs, sanctions, and export controls are increasingly turning to trade-compliance professionals for guidance.

Cryptocurrency usage is surging in the United States. You wouldn’t know that from the number of federal examiners tasked with supervising the industry for anti-money-laundering (AML) compliance though. 

Senior UK banking figures are set to hold their first meeting this week to establish a British alternative to Visa and Mastercard, amid growing concerns that U.S. President Donald Trump could one day use his position to close off access to the payment rails.

Goldman Sachs is preparing to remove race, gender identity, sexual orientation and other diversity factors from the criteria its governance committee uses to identify potential candidates for its board.

A shipment of about 1,000 tons of uranium moved out of northern Niger in recent months and is now stranded at a military airbase in the capital, Niamey, where it faces heightened security risks after an attack by Islamic State militants.

Recruiters and propagandists who previously worked for Russia’s Wagner Group have become a key channel for Kremlin-directed sabotage operations in Europe, the Financial Times reported.

The U.S. Office of Foreign Assets Control (OFAC) on Friday issued a general license clearing the way for certain large oil companies to invest in new operations in Venezuela. 

The Federal Reserve has told banks it plans to review and potentially drop some outstanding confidential supervisory warnings, as Vice Chair Michelle Bowman pushes to refocus oversight on near-term threats to lenders’ financial condition.