Transition and Systemic Risk in the South African Banking Sector: Assessment and Macroprudential Options
Pierre Monnin,
Ayanda Sikhosana and
Kerschyl Singh | 22 July 2024
Monetary,
Working Papers | Tags:
Central Banks,
Climate Risks,
Financial Stability,
Macroprudential Policy,
South Africa
This paper presents the main transition risks for the South African banking sector, highlighting that the coal value chain is central to these risks. It assesses the banking system’s exposure to transition risks in the corporate sector, showing that they are material and widespread.
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Missing Dollars – Illicit Financial Flows from Commodity Trade
Gilles Carbonnier and
co-editors | 19 June 2024
Fiscal,
Monetary,
Trade,
Books | Tags:
Commodities,
Governing Finance,
Tax Competition,
Tax Expenditures
The book sheds new light on issues such as addressing push and pull factors through domestic and international policy measures, the preferences of key stakeholders for short-term fixes versus long-term policy reforms, and prescriptive approaches and other options to address tax base erosion in resource-rich
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The Basel Committee’s Revised Core Principles for Effective Banking Supervision: Addressing Climate-Related Financial Risks in ASEAN+3
Aziz Durrani and
Julia Anna Bingler | 5 June 2024
Monetary,
Policy Briefs | Tags:
ASEAN+3,
BCBS,
Climate Risks,
Financial Supervision,
Macroprudential Policy
This policy brief provides a detailed overview of the guidance that the Basel Committee on Banking Supervision (BCBS) has provided to financial institutions and their supervisors, in relation to assessing, quantifying and managing climate risks under Pillars I, II and III of the Basel framework.
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Addressing Climate-Related Financial Risks in ASEAN+3
Aziz Durrani and
Julia Anna Bingler | 5 June 2024
Monetary,
Blog | Tags:
ASEAN+3,
BCBS,
Climate Risks,
Financial Supervision,
Macroprudential Policy
Whilst not all jurisdictions have adopted the Basel III banking supervision regime, the Core Principles target all financial supervisors globally. They serve as “the de facto minimum standard” for the “sound prudential regulation and supervision of banks and banking systems”...
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Greening Central Bank Refinancing Operations
20 June 2024 | Online at 9.00 am CEST | Co-hosted with AMRO
Monetary,
Webinar | Tags:
ASEAN+3,
Central Banks,
Climate Risks,
Financial Supervision
The upcoming webinar will explore the existing experience with TROs across ASEAN+3 and outline key design elements for the use of TROs moving forward in support of an affordable, secure and clean energy future in the region.
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