Search: systemic risks
RBA Glossary definition for systemic risks
systemic risks – Events which may jeopardise financial system stability and cause harm to the real economy. For example, the Y2K problem was regarded as such a risk. They may include the risk that the failure of one participant in a payments system, or in financial markets generally, to meet their required obligations when due, will cause other participants or financial institutions to be unable to meet their obligations (including settlement obligations in a transfer system) when due. Such a failure may cause significant liquidity or credit problems.
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Financial Stability Risks from Commercial Real Estate
21 Sep 2023
Bulletin
– September 2023
Current conditions in global commercial real estate (CRE) markets are challenging. Weak leasing demand and higher interest rates are weighing on CRE owners loan servicing ability and asset values.
https://www.rba.gov.au/publications/bulletin/2023/sep/financial-stability-risks-from-commercial-real-estate.html
Box E: The 2018 Financial Sector Assessment Program (FSAP) Review of Australia
12 Apr 2019
FSR
– April 2019
The IMF found that regulatory arrangements for the oversight of systemic risk had historically worked well. ... invest further in data and analytical tools to strengthen financial supervision and systemic risk oversight.
https://www.rba.gov.au/publications/fsr/2019/apr/box-e.html
Recent Developments in Asset Management – Central Counterparty Risk Controls and Incentives
18 Jun 2015
Bulletin
– June 2015
The global asset management industry has grown rapidly following the global financial crisis. International standard-setting bodies and national regulators are working to better understand and, if necessary, address potential financial stability
https://www.rba.gov.au/publications/bulletin/2015/jun/8.html
Macroprudential Policy Frameworks and Tools
15 Dec 2016
Bulletin
– December 2016
Over the past decade, policymakers have increasingly used macroprudential tools to address a range of financial stability concerns. International institutions have identified and offered guidance on the components of an effective macroprudential
https://www.rba.gov.au/publications/bulletin/2016/dec/8.html
In Brief: Financial Stability Review – October 2023
6 Oct 2023
FSR
This issue of our Financial Stability Review assesses the current condition of the financial system and potential risks to financial stability.
https://www.rba.gov.au/publications/fsr/2023/oct/
Developments in the Financial System Architecture
10 Sep 2009
FSR
– September 2009
the incentives for sound risk management through compensation practices; addressing systemic risk and interconnectedness and expanding oversight of the financial system more generally; and strengthening accounting standards. ... Since 2002, APRA has
https://www.rba.gov.au/publications/fsr/2009/sep/dev-fin-sys-arch.html
Shadow Financing in China
8 Dec 2020
Bulletin
– December 2020
In 2016, Chinese authorities launched a campaign to reduce risks in China's shadow finance system.
https://www.rba.gov.au/publications/bulletin/2020/dec/shadow-financing-in-china.html
The Australian Financial System
4 Oct 2019
FSR
– October 2019
APRA also recently imposed additional capital requirements on the major banks to reflect the increased operational risks identified in their self-assessments of risk governance. ... Without a sound legal basis, an FMI may face unintended, uncertain or
https://www.rba.gov.au/publications/fsr/2019/oct/australian-financial-system.html
Box C: Building Resilience to Cyber Risks
8 Apr 2022
FSR
– April 2022
Endnotes. For discussions of bank and systemic risks, including cyber risks, see Kearns J (2021), ‘Evolving Bank and Systemic Risk’, Speech to the 34th Australasian Finance and Banking Conference, 16 December; ... European Systemic Risk Board (2020),
https://www.rba.gov.au/publications/fsr/2022/apr/box-c-building-resilience-to-cyber-risks.html
CCPs and Banks: Different Risks, Different Regulations
17 Dec 2015
Bulletin
– December 2015
Recent debate on the adequacy of regulatory standards for central counterparties (CCPs) has often drawn on the experience of bank regulation. This article draws out the essential differences between CCPs and banks, considering the implications of
https://www.rba.gov.au/publications/bulletin/2015/dec/8.html