BC Financial Services Authority’s Post

The SA Reserve Bank has released the 2024 second edition of the Financial Stability Review (FSR) at its biannual Financial Stability Forum, providing an assessment of financial stability risks and mitigating policy actions. For the full FSR 👉🏿https://bit.ly/4gbxQNb #FSRNov24

📚 "Calling all ADF members! Discover the path to financial freedom with 'Safe As Houses ADF Edition'. Because protecting your financial future is just as important as protecting our country!" 💰 👉 Download now - Safe As Houses ADF Edition https://lnkd.in/dN_KJnJ3 - #FinancialFreedom #ADFHeroes #PropertyInvesting

5 Year treasury rates are falling fast!! Our DSCR rates are updated daily, many competitors of ours take weeks to update. Price us out on our broker portal or reach out to an AE for Today's best pricing. #DSCR #rental_loans

Andréa M Maechler speaks about the future financial system ❔ Ms Maechler, you spent eight years on the SNB's Governing Board. Last autumn, you moved to the Bank for International Settlements. Why? It was a difficult decision. The SNB is a fine institution. I was able to lead forward-looking projects there. This brought me into close contact with the BIS. They were looking for a Deputy General Manager and approached me. As the first Swiss woman in this role, I can contribute my experience in monetary policy and innovation – and I still have close contact with the SNB. ❔ To what extent did the fact that you were not appointed to the SNB Vice-Chairmanship in May 2022 contribute to the decision? The three of us on the Governing Board were jointly responsible for monetary policy. It didn't matter who sat where. It was always an honour for me to head the SNB's third department. ❔ In other words, you felt more attracted to the BIS than pushed away by the SNB? Absolutely. I continue to work in the world of central banks. There are so many challenges in the financial system, in the global economy, in technology. These have to be tackled nationally within the framework of the national banks, but also internationally, as here at the BIS. ❔ There's a football with the SNB emblem on your desk. What's it all about? I supported the SNB sports club. Not as a footballer, but as a swimmer. I took part in the lake crossing in Zurich several times. Now I have this memento on my desk. As you can see, I have fond memories of the SNB. ❔ How does the culture of the BIS differ from that of the SNB? Both institutions belong to the world of central banks and have a clear mandate. But the BIS is of course more international. You always have to think globally here. #monetarypolicy #CBDC #BIS #digitalisation

Decoding COFI: Giving teeth to TCF https://lnkd.in/dRt2STsK COFI is expected to revolutionise the financial industry, especially when it comes to bolstering the TCF Outcomes. This article explores how COFI will strengthen these principles and outline proactive steps that FSPs can take now to prepare for these forthcoming changes.

Attention TFSA holders! Don’t miss out on crucial information about overcontributions. Check out Neil and Associates’ latest blog post on what happens if you overcontribute to your TFSA. Learn about the penalties imposed by the Canada Revenue Agency (CRA) and the steps to rectify the situation. Discover valuable tips for managing multiple TFSAs and withdrawal strategies to avoid unnecessary penalties. Stay informed and make the most of your TFSA with this comprehensive guide. Read here: https://lnkd.in/gY2mkZNE

The Relative Vigor Index (RVI) is a momentum indicator used in technical analysis. It measures the strength of a trend by comparing a security's closing price to its trading range while smoothing the results using a simple moving average (SMA). #RelativeVigorIndex #RVI #TechnicalAnalysis #MomentumIndicator #TradingIndicator #StockMarketAnalysis #MarketTrends #FinancialAnalysis #TechnicalIndicators #StockTrading 

In this week's newsletter we review excerpts from the RBI's 29th Financial Stability report related to NBFCs. Happy reading! #cfos #nbfcs #corporatetreasury Finvisage

Reporting Financial Institutions should start preparing as the additional information will generally need to be reported with respect to the 2026 reporting year. Radhanath Housden OECD - OCDE

According to data compiled by the Federal Reserve Bank of Kansas City, #CECL adoption has resulted in an average increase of 3.76% in the ACL of all #communityfinancialinstitutions. However, there are considerable differences in how adoption has impacted small and large CFIs. We dive in to disucss the contributing factors in today's #PCBBBID. 𝗥𝗲𝗮𝗱 𝗔𝗿𝘁𝗶𝗰𝗹𝗲: https://lnkd.in/gJ3fngSN