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Recent Editions
Risk Channel
North America
Securities and Exchange Commission enforcement director David Woodcock has told Reuters that the agency is monitoring AI companies' corporate disclosures amid growing investor concern about a potential bubble in the sector that may have been fueled by circular deals. "Our principal concern is that people are making accurate disclosures about material information so that investors know what they're getting into," Woodcock said. "Enforcement is a very necessary piece of making sure people are doing that." Where such disclosure does not occur, "then enforcement will be present," he added.
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Risk Channel
UK/Europe
European Central Bank (ECB) Vice President Boris Vujcic has said countries in the euro zone are integrating faster with the United States than with each other. Referencing ECB research, Vujcic said estimated barriers to cross-border equity investment between the euro zone and the US have fallen by a quarter since 2014, more than twice as much as barriers within the euro area, and suggested that Europe's fragmented capital markets make the continent less resilient. "In a fragmented Europe, investment becomes the margin of adjustment whenever a shock hits," he said. "That is a resilience problem before it is a growth problem."
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