Archive: February 2020

Central Banks and Climate Change

| 21 February 2020
Monetary, Blog | Tags: Central Banks, Climate Change, Credit Risk, Governing Finance
Central banks must supplement their risk processes to reflect climate risks. This is neither a conflict of objectives nor an overburdening of their mandate, but a fiduciary duty. ... continue reading

A European Anti–Money Laundering Supervisor: From Vision to Legislation

and | 10 February 2020
Monetary, Blog | Tags: AML, Financial Supervision, Governing Finance
The European Union is moving toward implementing a policy to strengthen anti–money laundering (AML) supervision across its Single Market, namely enforcing requirements on banks and other firms to ensure they do not facilitate transactions involving proceeds from illegal activities. The European Commission, in charge of ... continue reading