One of the greatest challenges we face today in our high-tech, interconnected world is protecting sensitive data from sophisticated cybercriminals and nation-states. Of course, the best way to protect this… Continue Reading
November 25, 2018
November 25, 2018
Unintended Consequences?
Alaina Gimbert and Rob Hunter wrote an excellent piece in Banking Perspectives earlier this year about how fraud in the Central Bank of Bangladesh affects SWIFT’s recent Customer Security Programme… Continue Reading
October 1, 2018
The Quiet Revolution of Central Banks
This issue of Banking Perspectives includes two articles on an important but generally overlooked subject: the interrelationship between bank liquidity regulation and the effectuation of monetary policy. The potential for… Continue Reading
June 4, 2018
HSBC’s Patrick Burke On Global Regulatory Harmonization, Tax Cuts, and More
Patrick Burke, President and CEO of HSBC North America Holdings, discusses the impact of bank regulatory reform and the 2018 tax cuts on the U.S. economy, global regulatory harmonization, and… Continue Reading
June 4, 2018
The Liquidity Coverage Ratio and Monetary Policy Implementation
Editor’s Note: This article is based on our research paper “Liquidity Regulation and the Implementation of Monetary Policy” and on the extended discussion in BIS Working Paper No. 432.2. It also… Continue Reading
March 1, 2018
Our AML/CFT Approach Must Be Modernized
In a post-Sept. 11 world, it is critical for the overall health of our financial system and our national security to have a robust, effective national anti-money laundering (AML) regime… Continue Reading