GDP contracted by 9 1\2 percent in 2020-a much steeper decline than during the Asian Financial Crisis (AFC)-but it is now recovering with the easing of containment measures and economic policy support. Banks are closely connected to the corporate sector through high credit exposures and...

Envisaged Framework and Key Considerations, Name -- Blockchain-based Cross-border FMIs: In the Scenario of Depository Receipts -- Blockchain-based Exchange-traded Derivatives FMIs: In the Scenarios of Futures and Options -- Blockchain-based Over-the-Counter FMIs -- Blockchain-based OTC...

The Upcoming Era of Data Elements -- Underlying Theories of Big Data Finance -- Data Mining in Big Data Finance -- Global Developments of Big Data Finance -- Big Data Application in Chinas Banking Industry -- Big Data Application in China’s Insurance Industry -- Big Data Application in Chinas...

A timely guide to the complex financial markets and banking secrecy of SwitzerlandSince 1934, when Switzerland's federal bank secrecy law was passed, the line between myth and reality with regard to Swiss banking has been blurred. But over the past decade, there have been dramatic changes in the...

Chapter 1: Introduction -- Chapter 2: Finanzplatz Schweiz: Financial Center Switzerland -- Chapter 3: Swiss Banking System -- Chapter 4: Swiss Bank (Customer) Secrecy & the International Exchange of Information -- Chapter 5: Swiss Financial Market Regulators & Laws -- Chapter 6: Swiss...

The main macro-financial risks relate to extensive linkages to Mainland China, stretched real estate valuations, and exposure to shifts in global market and domestic risk sentiment, compounded by escalating U.S.-China tensions. Stress tests show that the financial system is resilient to severe...

The economy recovered strongly in 2021, following an unprecedented real output contraction in 2020. However, the outlook remains precarious amidst projected future low growth, high unemployment and adverse debt dynamics, and the recovery pace is unlikely to be sustained. Ample buffers allowed...