BIS research finds greater data sharing needed to monitor systemic risk
More data sharing by individual banks regarding the bilateral linkages they maintain is required to help supervisory authorities to better monitor systemic risk, according to a working paper published by the Bank for International Settlements (BIS) on April 19.
"The experience during the crisis showed that, in many jurisdictions, supervisors lacked critical pieces of information, specifically data on how international banks are connected to each other," wrote authors Eugenio Cerutti, Stijn
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