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Cyber threats designed to disrupt or deny service for the small body of systemically important financial institutions that intermediate global commerce and banking create a special universe of concerns. The financial markets sector is broad, encompassing conventional depository banks,...
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Financial technology innovations (Fintech) are changing the provision of traditional financial services. Although they bring with them various benefits and opportunities, they also have weaknesses and pose potential threats to financial systems. The paper examines the latest developments in the...
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Based on technical assistance to central banks by the IMF’s Monetary and Capital Markets Department and Information Technology Department, this paper examines fintech and the related area of cybersecurity from the perspective of central bank risk management. The paper draws on findings from...
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