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Risk Channel helps you stay ahead of essential risk news shaping your profession. Every weekday, our unique blend of AI, risk experts and researchers monitor 100,000s of articles to share a summary of the most relevant and useful content to help you lead, innovate and grow.

From supply chain to regulatory enforcement, data privacy, GRC controls, whistleblowers, and risk management strategies. Risk Channel is the only trusted online news source dedicated to covering current headlines, articles, reports and interviews to make sure you’re at the forefront of changes in the risk industry.

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Risk Channel
North America
Most countries unprepared for bank failures, warns FSB

The Financial Stability Board (FSB) has warned that 15 of 19 major jurisdictions lack fully compliant emergency funding mechanisms to manage large bank failures, raising concerns about global financial stability. Its review found that only the United States, United Kingdom, Japan, and Hong Kong fully meet its recommendations for providing temporary liquidity to failing banks. India and Argentina were deemed completely non-compliant, while Australia, China, the European Union, Switzerland, and several other jurisdictions were identified as materially non-compliant. The watchdog highlighted weaknesses in the scale, reliability, and availability of emergency funding, warning that these gaps could complicate bank resolutions and increase the risk of government intervention. Citing the 2023 Credit Suisse rescue, the FSB urged governments to strengthen financial safeguards and establish credible liquidity backstops before another major banking crisis.

Full Issue
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Risk Channel
UK/Europe
Most countries unprepared for bank failures, warns FSB

The Financial Stability Board (FSB) has warned that 15 of 19 major jurisdictions lack fully compliant emergency funding mechanisms to manage large bank failures, raising concerns about global financial stability. Its review found that only the United States, United Kingdom, Japan, and Hong Kong fully meet its recommendations for providing temporary liquidity to failing banks. India and Argentina were deemed completely non-compliant, while Australia, China, the European Union, Switzerland, and several other jurisdictions were identified as materially non-compliant. The watchdog highlighted weaknesses in the scale, reliability, and availability of emergency funding, warning that these gaps could complicate bank resolutions and increase the risk of government intervention. Citing the 2023 Credit Suisse rescue, the FSB urged governments to strengthen financial safeguards and establish credible liquidity backstops before another major banking crisis.

Full Issue
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