On 13 March, the Bank of England and HM Treasury announced that the UK subsidiary of Silicon Valley Bank (SVB) had been sold to HSBC, to protect depositors’ money and stem potential repercussions for the UK tech sector. This incident … Continue reading →
In the last two years, international workstreams to address systemic risks in Non-Bank Financial Intermediation (‘NBFI’) have moved forward with renewed vigour. As the Financial Stability Board (FSB) drives forward policy and regulatory convergence, there will be substantive policy changes … Continue reading →
