Riksbank's Ingves Says Cyber Risk 'Lurking Around the Corner'

The transcript covers the implementation of Basel III, highlighting the challenges and timeline from 2022 to 2027. It discusses evolving financial risks, including cyber risks and cryptocurrencies, emphasizing the need for supervision. The role of leverage in financial crises is examined, with a focus on identifying dangerous levels of leverage. The discussion on cryptocurrencies warns of their risks and lack of regulation. The impact of global currency dynamics on small economies is explored, and the challenges of implementing Basel III globally are addressed.

What does the speaker imply about the future focus of financial supervision?

What does the speaker suggest about the nature of cryptocurrencies in relation to traditional currencies?

How does the speaker characterize the potential dangers of money laundering and terrorism financing in the context of cryptocurrencies?