Regulators’ murky, undefined ‘point of non-viability’ has led to instability.

Regulators in the UK and further afield are homing in on the operational resilience of firms in the financial services sector and those that serve it.

The governor of the Central Bank of Kuwait talks about the impact of slowing economic growth on the local banking sector, CBDCs and other digital initiatives, and the country’s nascent green finance initiatives.

Collapsed firms Silicon Valley Bank and Silvergate Capital catered to the specific financing needs of tech start-ups and crypto firms. Who understands their needs now?

Singapore has called for fintechs to provide stronger safety support for their staff, but globally, gig economy workers are often let down by the banking sector.

South Korea’s financial regulators are exploring ways to increase competition in the sector and break the dominance of the biggest lenders.

The US SEC has set May 2024 as the implementation date for shortening the standard settlement cycle for US securities transactions, a challenging deadline for the industry to hit. 

The chaos that ensued from the AT1 wipeout at Credit Suisse’s point of failure has raised questions about the future of the asset class.

Credit Suisse had bumper years, particularly during the dotcom boom, and it weathered the 2008 financial crisis reasonably better than UBS. But trouble was never far from the bank’s door. 

While the collapse of SVB might have been predictable, what was surprising was the US regulators’ response and the precedent it sets.