Machine Learning and AI for Risk Management
After completing this reading, you should be able to: Explain the distinctions between the two broad categories of machine learning and describe the techniques used within each category. Analyze and discuss the application of AI and machine learning techniques in…
LIBOR Transition Case Studies for Navigating Conduct Risks
After completing this reading, you should be able to: Discuss regulatory expectations on LIBOR transition and how these expectations can help market participants in their management of conduct risk arising from the transition. Analyze the risks of LIBOR transition from…
Holistic Review of the March Market Turmoil
After completing this reading, you should be able to: Identify the key market developments that took place during the March 2020 COVID-19 market turmoil, conditions that were prevalent, and their effects on the financial markets and its participants. Describe how…
Covid-19 and Cyber Risk in the Financial Sector
After completing this reading, you should be able to: Define cyber risk and describe the elements that constitute it. Describe and compare causes of cyber risks and methods of enacting cyber attacks. Identify and explain the effect COVID-19 has had…
The Rise of Digital Money
After completing this reading, you should be able to: Describe and compare different attributes of means of payment. Describe the risks faced by the banking sector as e-money adoption increases and identify means of mitigating those risks. Explain reasons for…
Cyber Risk and the U.S. Financial System: A Pre-Moterm Analysis
After completing this reading, you should be able to: Explain the direct costs of and the spillovers caused by a cyber-attack. Explain how cyber shocks can get amplified through financial networks. Discuss the policy responses that can be implemented against…
Replacing LIBOR
After completing this reading, you should be able to: Explain the key issues that could cause systemic disruption when LIBOR ends. Explain the current state of the transition and the challenges that lie ahead. Describe the government institutions’ role in…
Financial Crime in Times of COVID-19 – AML and Cyber Resilience Measures
After completing this reading, you should be able to: Explain the increase of cyber threats faced by financial institutions because of the Covid-19 crisis. Explain the cyber resilience measures taken by international and national financial authorities in response to the…
Global Financial Stability Report: Markets in the Time of COVID-19
After completing this reading, you should be able to: Describe the developments in financial and commodity markets during March-April 2020. Discuss the global financial vulnerabilities intensified by the slowdown in economic activity and tightened financial conditions following the COVID-19 outbreak. …
When Selling Becomes Viral: Disruptions in Debt Markets in the COVID-19 Crisis and the Fed’s Response
By the end of this reading, you should be able to: Describe the evolution of bond and CDS prices during March-April 2020. Compare the developments in debt markets during the Great Financial Crisis of 2008-2009 and the COVID-19 crisis. Explain…
