Welcome to the July 2025 edition of our regulatory newsletter, highlighting major developments in financial regulation, AI governance,...

Contents CSRBB Product Scope – Banking Book . Aligning CSRBB Methodologies . CSRBB Risk Assessment Methods . CSSRBB Vs IRRBB – Holistic View . Challenges faced by banks in incorporating CSRBB as Pillar II risk . Best Practices for Managing CSRBB Regulatory Compliance . Conclusion . References . Incorporating CSRBB into Pillar II Risk and Capital Requirements Managing credit spread risk in the banking book (CSRBB) is crucial for effective risk management, especially given the

The intersection of geopolitics, large scale economic crime, and artificial intelligence (AI) is rapidly reshaping the global financial...

In today’s hyper-automated world, artificial intelligence (AI) doesn’t just suggest your next movie—it decides whether you get a loan,...

The rapid integration of artificial intelligence (AI) into financial services has reached a critical point. Recently, Sam Altman...

According to Britannica, bias is a tendency to believe that some people, ideas, etc., are better than others, which usually results in...

Welcome to the June 2025 edition of our regulatory newsletter, where we bring you key updates shaping the global landscape of AI...

T he artificial intelligence revolution has unfolded in waves, each wave more transformative than the last. From voice assistants...

J une marked a pivotal moment in global AI governance, as regulators across continents ramped up their efforts to set the guardrails for...

A ndhra Pradesh has signed a landmark MoU with NVIDIA to establish India’s inaugural AI University in Amaravati. NVIDIA—a pioneering...

A newly released paper from Barclays' Quantitative Analytics team— B eyond the Black Box: Interpretability of LLMs in Finance —offers one...

E arlier this year Goldman Sachs CEO David Solomon revealed that artificial intelligence is now capable of generating 95% of the...

Artificial Intelligence (AI) is increasingly recognized as a transformative force across global economies and social landscapes. In...

W elcome to the May 2025 edition of our regulatory newsletter, highlighting the most significant developments in financial regulation...

Fractal , a Mumbai-based AI company, has launched Fathom-R1-14B , an open-source large language model with 14 billion parameters. This...

As artificial intelligence continues to transform industries, economies, and global systems, it brings with it immense opportunities—and...

If you've been engaged with the technology sector recently, you've likely encountered the terms " Generative AI " and " Agentic AI ."...

Global banks are grappling with the trade-offs between FRTB IMA and SA approaches. As deadlines for the Fundamental Review of the Trading Book (FRTB) draw nearer across many jurisdictions, debates around using the Internal Models Approach (IMA) versus the Standardised Approach (SA) are intensifying. The decision is not straightforward. In this article, we examine the pros and cons of each approach and discuss how market participants are addressing this challenge. Ba

Mid-90s witnessed the influx of Physics and Maths PhDs to Wall Street in large number. The likes of Goldman, Merrill Lynch and Morgan Stanley would make beelines to the pristine campuses of Columbia, Harvard and Wharton to hire their Quant PhDs as associates to do the complex Maths behind Derivative models. Many of the academically oriented quants (Maths and Physics PhDs) decided to take a shot at this new-found career option with the I-banks to try out what they learnt in

P ope Leo XIV, the first American-born pontiff, has made artificial intelligence a priority in his new papacy. In recent speeches at the...