Regulation of Cyber Risk in the Banking Sector: A Canadian Case Study

The current #canadian regime, which draws on the #basel #operationalrisk framework, is not equipped to handle the unique challenges of #cyberrisk. Cyber incidents differ from traditional operational disruptions in terms of their dynamism and impact, and traditional risk-based #supervision is not suitable for the rapidly changing cyber profile of #regulated #financialinstitutions. Lire

Longevity, Health and Housing Risks Management in Retirement

“#annuities, #longtermcareinsurance and #reversemortgages remain unpopular to manage #longevity, medical and housing price #risks after #retirement. We analyze low demand using a life-cycle model structurally estimated with a unique stated-preference survey experiment of #canadian households.” Lire