The issue is murkier and it is much more an indictment on Ken Ofori Atta and I have said that Ken Ofori Atta is the
biggest risk to the financial system of this country and if we do not take care, Ken Ofori Atta will collapse this country.»
To me, this is a situation where the reduction in
risk to the financial system from the better management of foreign exchange settlement risk greatly outweighs any concerns about the impact on the efficiency of a payments system.
From our perspective, the financial sector side, in what sense does climate change pose new or
different risks to the financial system, all the way from the obvious, such as the concept of stranded assets, which you've got lending all against those things?
«The bill provides much - needed relief from the Dodd - Frank Act for thousands of community banks and credit unions, and will spur lending and economic growth without
creating risks to the financial system,» the White House said in a statement after the vote.
Macroprudential is a term used to describe financial policies that are aimed at minimizing or
eliminating risks to the financial system as a whole — think of it like a blanket, nation - wide policy that's used to eliminate or reduce systemic risk within our country's economy.
Earlier this week, the Group of 20 summit concluded that it was still too early for a comprehensive regulatory framework, with Mark Carney of the Financial Stability Board arguing that the asset class posed no
serious risk to the financial system.
Eliminating FSOC and Systemic Risk Label Republicans want to use reconciliation to take power from the Financial Stability Oversight Council, a unit of the Treasury established by Dodd - Frank that monitors
major risks to the financial system.
While cryptocurrencies are currently too small an asset class to pose
systemic risks to the financial system, that may change as the space continues its rapid evolution, Mark Carney, chairman of the Financial Stability Board, said in a letter to G - 20 finance leaders published Sunday.
Bank of Canada governor Mark Carney has warned that the
biggest risk to the financial system is now household debt, even if it's still «relatively low» and unlikely to reach levels that could cripple banks» balance sheets.
TORONTO — The head of Canada's federal housing agency says regulators should explore the possibility of raising the minimum down payment required on a home as a way of easing affordability and
reducing risk to the financial system.
I think the regulators see bitcoin as more of a risk than something that is completely necessary for the economic progress of the country, so they pushed it to the side for now and largely eliminated the
direct risk to the financial system.
The report, which examines vulnerabilities and
risks to the financial system, also highlighted other persistent concerns.
Ottawa and the provinces should bolster their ability to monitor and deal with systemic
risks to the financial system, according to a report from the C.D. Howe Institute.
So too bad for the millennials who've been shafted by this housing bubble, and too bad for systemic
risk to the financial system, but the housing bubble must go on.
Instead, regional stability will depend on China's success at reducing systemic
risks to its financial system — which it aims to accomplish primarily by controlling the pace of credit expansion (see Figure 1) and by gradually deleveraging its state - owned enterprises, or SOEs.
At the same time,
the risks to the financial system are mounting as the myopic focus on monetary policy — including once heretical ideas like negative rates — pushes yield - starved investors into riskier assets like stocks and real estate, creating fears of destabilizing bubbles that could unleash brand new crises.
Overall, the Bank of Canada sees
the risks to the financial system as basically unchanged from December, the last time it reported on the issue, with three out of the four key vulnerabilities coming from outside the country.
RBC says the steady pace of debt accumulation overall should give some comfort to the Bank of Canada, which has called household debt the No. 1
risk to the financial system and economy.
We see then the announcement in the last few days that one of the greatest potential sources of systemic
risk to the financial system is Deutsche Bank.
Duncan Hughes wrote an article in the Australian Financial Review that discusses mortgage rate cuts and mentions Stuart's view on
the risks to the financial system.
There are
risks to financial systems being hacked.
«In line with past reports, the Bank of Canada continues to identify elevated household debt and overvaluation in the housing market as the biggest
risks to the financial system.»
In reply to an Australian Senate inquiry, RBA's representatives said in their opening statement that the limited use of the currency had no discernible impact on competition or
risk to the financial system and that digital currencies represent a potentially important development.
«The bank's judgment is that the current very limited use of digital currencies means they do not raise any significant concerns with respect to competition, efficiency or
risk to the financial system.»
Cryptocurrency could pose
a risk to the financial system as a whole as it is revolutionizing economics around the world.
The risk to the financial system from tapped - out home buyers is shifting to a market where there's no oversight from the country's national bank regulator and new stress - test rules don't apply.
NAR has stressed
the risks to the financial system that would arise from banks owned by commercial firms that may not have the ability to exercise independent credit judgment.
Given that reverse mortgage lending volume is still small relative to the $ 9.4 trillion U.S. mortgage market,
the risk to the financial system is manageable, analysts said.