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Climate and capital: some outstanding issues

BankUnderground

There is a lively debate about whether and how capital regulations for banks and insurers should be adjusted in response to climate change. Incorporating climate-related risks into the capital regime will require a reliable methodology to measure these risks. Marco Bardoscia, Benjamin Guin and Misa Tanaka.

Capital 103
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The 2019 GonzoBanker Awards

Gonzobanker

GonzoBankers, 2019 was a year of extremes. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. annual list. We may not be good, but we’re persistent!

Idaho 148
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MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It is one of the region’s fastest-growing companies, having just turned in a stellar first quarter in a region that has more complexities than any of its northern neighbors. ”

America 248
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FinTech MatchMove To Acquire Stake In eCommerce Firm Shopmatic

PYMNTS

With the investment, MatchMove, which is also based in Singapore, will be able to extend its “banking-as-a-service” wallet capability to Shopmatic’s ecosystem spanning over 435,000 eCommerce small and medium-sized businesses (SMBs) and individual entrepreneurs across the region.

Fintech 168
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Key Components of a Strong Sanctions Compliance Program

Abrigo

In 2019, OFAC issued new guidance on the essential components of a strong OFAC compliance program. Common root causes include: Lack of a formal OFAC SCP Misinterpretation or failure to understand OFAC regulations Facilitating transactions by non-U.S. BSA Rules and Regulation. BSA Rules and Regulation. Conclusion.

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From Pillar 2 to post: is it time for a change in concentration risk methodology?

BankUnderground

The Herfindahl-Hirschman Index (HHI) is a measure of diversification, commonly used as an indicator to calculate banks’ credit concentration risk capital requirements (where credit concentration risk is potential losses from undiversified portfolios). According to BCBS (2019) HHI is employed by c.

Capital 79
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Mary Meeker Offers Digital Views For 2019 And Beyond

PYMNTS

Meeker is a longtime internet and digital economy expert who now works for Bond Capital, a venture firm. This has brought new focus to an age-old challenge for regulators around the world – finding the most effective ways to amplify good and minimize (the) bad, often resulting in different regional interpretations and strategies.

Report 119