Learn about Synthetic Letters of Credit (SLCs), pre-funded instruments used in international trade to guarantee payments and mitigate risks like counterparty and currency issues.

On November 20, 2024, the Basel Committee on Banking Supervision (BCBS) issued a press release following its meeting in Basel. The committee reaffirmed its commitment to fully implement Basel III and ...

Bitcoin offers corporations the rare ability to hold pure capital—an asset with no issuer, no counterparty, and no reliance on financial intermediaries. However, these benefits are fully realized only ...

Michael Barr, vice chair for supervision at the Federal Reserve, said in a speech Tuesday that banks may need to hold margin to reduce nonbank counterparty risks, citing the failure of Long-Term ...

Norges Bank Investment Management (NBIM), the world’s largest sovereign wealth fund, has begun a long-term partnership with Credit Benchmark, the leading provider of consensus-based credit risk data ...

The following is reprinted with permission from HFA Partners.The recent round of European bank downgrades and the reviews under way for more rating actions are of growing concern to hospitals with ...

Counterparty risk is the possibility that one of the parties involved in a transaction might fail to fulfill its end of the bargain, thereby causing the other party to incur losses. This type of risk ...