Better data needed amid rise of non-banks – BIS study

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The Bank for International Settlements

The evolving nature of the financial system calls for “continuous surveillance”, and better use and sharing of data, as risks shift out of the core of the banking system, a report published by the Bank for International Settlements (BIS) says.

The study, released on January 24, finds banks have boosted their resilience since 2008. Advanced economy banks have switched to more stable funding and safer, less complex assets, with some also cutting their cross-border operations. Meanwhile, the

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