Emerging Risks to Financial Stability: New Challenges for the Next Decade
Dr Bradley Jones, Assistant Governor, Financial System, RBA
Dr Jones discussed emerging risks in the economy. He focused of the following risks.
What he referred to as ‘inside’ risks, these include:
Rapid deposit runs in the digital age.
Spillovers from entities that are not individually systemically important.
Higher interest rate volatility.
What he referred to as ‘outside’ risks, these include:
Geopolitical challenges.
Operational risk – like cybersecurity and scams.
Climate change and sustainability.
His full remarks can be found here.
Resources: