The Financial Stability Board (FSB) Regional Consultative Group for the Middle East and North Africa (RCG MENA) met recently in Riyadh. The meeting, which was the group’s first in-person since 2019 due to the COVID-19 pandemic, was hosted by the Saudi Central Bank (SAMA). The FSB Chair, Klaas Knot, joined RCG members for the meeting. The group discussed global and regional financial stability vulnerabilities, including financial risks arising from the higher interest-rate environment and vulnerabilities in non-bank financial intermediation (NBFI). Continue reading…
The message is clear: organisations must be held accountable for their social and environmental footprint. Therefore, it’s inevitable that speaking up becomes the next social…
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