World News

Trapped Between Nigeria’s Failure and South Africa’s Xenophobic Violence

May 12, 2026 By Blaise Udunze When the word “xenophobic” is talked about, most affected African countries tend to focus on the pains being experienced by their citizens in South Africa. For a moment, it calls for Nigeria and the rest of the African continent to pause and ask, how […]

Financial Stability Risks Mount as Artificial Intelligence Fuels Cyberattacks

Resilience, supervision, and international coordination are essential to safeguarding global financial markets as new AI tools enable attackers May 7, 2026/IMFBlog By Tobias Adrian, Tamas Gaidosch, Rangachary Ravikumar Artificial intelligence is transforming how the financial system copes with vulnerabilities and reacts to incidents. Yet it is also amplifying cyber threats that can […]

CPMI-IOSCO Publishes for Consultation Updated Guidance and Public Disclosures to Implement Initial Margin Proposals

May 6, 2026/IOSCO CPMI-IOSCO is seeking input from interested stakeholders on amendments to CCP-related resilience guidance and public quantitative disclosures requirements. The proposed amendments incorporate relevant proposals from the BCBS-CPMI-IOSCO final report Transparency and responsiveness of initial margin in centrally cleared markets, published in January 2025.1 CPMI-IOSCO invite comments on the proposed amendments by 30 June […]