Banks remain reluctant to tap buffer relief

Banks remain reluctant to tap buffer relief | Study: Options market drives up market volatility | Cybercriminals exploiting growth in digital payments Created for {EMAIL} | [Web Version]( December 2, 2020 [SIGN UP]( ⋅ [SHARE]( [] Risk Management and Insurance [] [Banks remain reluctant to tap buffer relief]( Banks have been given relief from capital buffer levels in order to keep lending during the coronavirus pandemic, but many banks are hesitant to use their capital buffers for lending or to cover losses. Some participants say even rule changes being considered by regulators do not change the lack of demand for lending. Full Story: [Risk (subscription required)]( (11/30) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] [Study: Options market drives up market volatility]( Due to structural changes over the past two decades, options trading by Wall Street dealers hedging their positions is contributing to high intraday market volatility, according to a study from the University of St. Gallen and Imperial College Business School. The study supports the view of some traders that the derivatives boom is increasing market vulnerability. Full Story: [Bloomberg (tiered subscription model)]( (11/25) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] Cybersecurity [] [Cybercriminals exploiting growth in digital payments]( The shift toward digital payments during the coronavirus pandemic has prompted an increase in online phishing attacks by fraudsters, cybersecurity experts and law enforcement officials say. Full Story: [Financial Times (subscription required)]( (11/25) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] - [Service email accounts can be an overlooked risk]( SecurityBrief Europe (11/25) [] Government Regulation [] [OCC proposal opposed by environmentalists, libertarians]( A proposed rule from the Office of the Comptroller of the Currency that would prohibit large financial institutions from excluding oil and gas companies from lending is facing opposition from both environmentalists and libertarians. The proposal has been praised by lawmakers from oil and gas-producing states, who say it is discriminatory for banks to refuse to do business with the industry. Full Story: [The Hill]( (11/29) [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] - [Lawmakers set to vote on new AML rule]( Politico (11/25) [] - [Biden picks Rouse, Tanden for economic posts]( The Wall Street Journal (tiered subscription model) (11/29) [] News from Aon [] Cyber Awareness Training from Aon Cyber Awareness Training from Aon features 12 online, on-demand learning modules. Some topics covered include developing strong passwords, avoiding phishing and how to report an incident quickly and efficiently. [Find out more](. [LinkedIn]( [Twitter]( [Facebook]( [Email]( [] Q&A with Aon's Eric Anderson on Willis merger Aon's Eric Anderson recently spoke with APCIA Today about the planned combination with Willis Towers Watson. "It's about having the right insights that can enable better decisions and help unlock new solutions for clients," he said. [Read more](. [LinkedIn]( [Twitter]( [Facebook]( [Email]( LEARN MORE ABOUT Aon Financial Institutions: [Aon Home Page]( | [Aon Financial Institutions]( [Thought Leadership]( | [Media Room]( [] [] There were certainly things I was scared to do, but I never thought I wasn't up for the challenge. Rooney Mara, actor [LinkedIn]( [Twitter]( [Facebook]( [Email]( About Aon Financial Institutions The Aon Financial Institutions Practice develops risk transfer and consulting solutions for a wide range of businesses including banks, insurance companies, asset managers and diversified investment and finance firms. Our experts draw on deep experience in developing products involving management and professional liability, property and casualty, cyber, operational and enterprise risk management, environmental liability, employee benefits, and transactional solutions. These solutions help clients build a tailored risk management program that empowers results for their organizations. Contact Aon Joel Sulkes Aon Global Financial Institutions Practice Leader t 212-441-2364 joel.sulkes@aon.com [www.aon.com]( [Linkedin]( [Twitter]( About Aon Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance. SmartBrief publishes more than 200 free industry newsletters - [Browse our portfolio]( [Unsubscribe]( | [Privacy policy]( CONTACT US: [FEEDBACK](mailto:aonfinancial@smartbrief.com) | [ADVERTISE](mailto:) [Powered By SmartBrief]( SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004