What Is Credit Risk Certification (CRC) and Why It Matters

Learn about credit risk certification (CRC), a credential from the Risk Management Association that shows expertise in ...
Finextra

Counterparty Credit Risk Management Guidelines: Strategic Implementation Under Basel III

On November 20, 2024, the Basel Committee on Banking Supervision (BCBS) issued a press release following its meeting in Basel. The committee reaffirmed its commitment to fully implement Basel III and ...
International Monetary Fund

Bank to Sovereign Risk Transmission: New Evidence

This note examines the transmission of credit risk of banks to the sovereign using the collapse of the Silicon Valley Bank in March 2023—an event that reverberated globally across banking sectors—as ...
Finextra

AI in Fintech: Revolutionising Credit Risk Models

Having spent over 2 decades in banking and financial services, I have seen how financial models evolve, but never at the speed seen today. AI is reshaping credit risk assessment, offering a more ...
International Monetary Fund

Credit where Credit is Due: Fiscal Consolidations, Sovereign Risk and Bank Credit

Using quarterly data on bank credit to the private sector and a comprehensive database on fiscal policy announcements for a sample of 32 advanced economies and emerging markets, we estimate the ...
BusinessWorld

Bank ‘risk transfer’ boom needs close monitoring, Basel Committee warns

LONDON — Banks are increasingly turning to bespoke deals with private investment funds to shed credit risk, but the market needs close monitoring as it spawns new vulnerabilities for the global ...