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OSC Publishes Annual Compliance Report for Dealers, Advisers and Investment Fund Managers for 2022-2023 | Stikeman Elliott LLP

Banks and fintechs working together entails opportunities and risks

Banks and fintechs working together entails opportunities and risks
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UAE s MoF extends to July 20 RFI report submission deadline

Asset quality has further improved, but cyber risk remains a source of concern for EU banks

EBA: Asset Quality Has Further Improved, But Cyber Risk Remains A Source Of Concern For EU Banks

<ul> <li><em>Bank capital ratios remain well above regulatory requirements.</em></li> <li><em>Asset quality has further improved, but there are concerns for loans that have benefited from moratoria and public guarantee schemes not least due to general uncertainty due to Covid-19 variant, Omicron.</em></li> <li><em>Profitability has stabilised at levels above those seen before the pandemic.</em></li> <li><em>The majority of banks expect a rise in operational risks mainly due to elevated cyber risks.</em></li> </ul>

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