FinancialRisk

Poland's Central Bank Urges Financial Institutions to Evaluate Climate Change Risks

6 days ago

In a significant move towards enhancing sustainability in the financial sector, the National Bank of Poland (NBP) has formally called upon domestic banks to conduct thorough assessments of climate change risks. This directive underscores growing global concerns regarding the potential impact of environmental factors on financial stability.

Israeli Central Bank Cautions Lenders on Rising Risks in Mortgage and Construction Sectors

2 months ago

The Bank of Israel has issued a stern warning to financial institutions regarding the increased risks associated with mortgage lending and construction activities in the current economic climate. This advisory aims to mitigate potential vulnerabilities within the housing market as residential construction has seen a marked decline.

Sports Betting Apps: More Toxic Than You Can Imagine

3 months ago

In a recent exposé, Bloomberg takes a deep dive into the insidious world of sports betting apps and finds a darker side than many users of this burgeoning industry might realize.