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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The Global Financial Environment
18 Nov 2022
FSR
- October 2021
PDF
913KB
https://www.rba.gov.au/publications/fsr/2021/oct/pdf/01-global-financial-environment.pdf
Household and Business Finances in Australia
18 Nov 2022
FSR
- October 2021
PDF
1061KB
https://www.rba.gov.au/publications/fsr/2021/oct/pdf/02-household-business-finances-in-australia.pdf
At a Glance: Financial Stability Review – October 2022
7 Oct 2022
FSR
Climate change presents a systemic challenge to the financial system. Financial institutions are vulnerable to direct losses on assets from climate events and risks stemming from the transition to a lower ... Financial institutions have begun to take
https://www.rba.gov.au/publications/fsr/2022/oct/
Overview
7 Oct 2022
FSR
– October 2022
Cyber-attacks could give rise to systemic risks, a point underscored by the recent attack on Optus. ... Both physical and transition risks could result in large losses for financial institutions that are yet to put in place adequate risk controls and
https://www.rba.gov.au/publications/fsr/2022/oct/overview.html
Household and Business Finances in Australia
7 Oct 2022
FSR
– October 2022
Recent FHBs are also more likely to experience financial stress. Nevertheless, these loans do not pose a systemic risk to banks as they account for less than 10 per cent of ... Financial market pricing of risk (which measures a companys risk of
https://www.rba.gov.au/publications/fsr/2022/oct/household-business-finances-in-australia.html
The Global Financial Environment
7 Oct 2022
FSR
– October 2022
These include cyber risk, a worsening geopolitical environment, climate-related financial vulnerabilities and the emerging risks associated with crypto-assets (see Box A: Financial Stability Risks from Crypto-assets). ... downturn. Graph 1.9. … but
https://www.rba.gov.au/publications/fsr/2022/oct/global-financial-environment.html
The Australian Financial System
7 Oct 2022
FSR
– October 2022
FMIs have also had to manage risks from recent volatility in commodity markets. ... Nonetheless, it will take time for financial institutions to adjust their lending and risk management practices in response to the risks and opportunities from climate
https://www.rba.gov.au/publications/fsr/2022/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
At a Glance: Financial Stability Review – April 2022
8 Apr 2022
FSR
However, Russia's invasion of Ukraine and the resulting sanctions have amplified some existing risks and created others. ... rates. Loan performance could then deteriorate significantly. The current stress among highly indebted property developers in
https://www.rba.gov.au/publications/fsr/2022/apr/
Box A: International Banks' Response to Climate Risk
8 Apr 2022
FSR
– April 2022
The 31 largest banks across major advanced economies have added climate-related risks to their risk management frameworks. ... See Kearns J (2021), ‘Evolving Bank and Systemic Risk’, Speech at the 34th Australasian Finance and Banking Conference,
https://www.rba.gov.au/publications/fsr/2022/apr/box-a-international-banks-response-to-climate-risk.html