Tags: Financial Risks

Bank of Korea Warns of Severe Financial Risks Ahead Without Urgent Climate Action

Bank of Korea Warns of Severe Financial Risks Ahead Without Urgent Climate Action

supportMar 25, 2025

Recent findings from the Bank of Korea reveal a significant threat to the country’s financial sector due to climate change, with potential losses exceeding 45…

Romance Scams on the Rise: How Banks are Battling Increased Reputational and Financial Risks

Romance Scams on the Rise: How Banks are Battling Increased Reputational and Financial Risks

supportFeb 13, 2025

Romance scams, particularly sextortion, are increasingly concerning for financial institutions, with a Moody’s report indicating 1,193 new cases in 2024, a 14% rise from 2023.…

FSB Unveils Cutting-Edge Toolkit for Evaluating Climate-Related Financial Risks

FSB Unveils Cutting-Edge Toolkit for Evaluating Climate-Related Financial Risks

supportJan 17, 2025

The Financial Stability Board (FSB) has launched an innovative analytical framework and toolkit to assess climate-related vulnerabilities in the global financial system. This initiative addresses…

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