Tag: risks
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ECB, ESRB report on climate change risks on EU financial sector
The European Central Bank (ECB) and the European Systemic Risk Board (ESRB) have jointly released a comprehensive report detailing the potential risks climate change poses to the European Union’s financial sector. With mounting concerns about the environmental impact of economic activities, this report aims to provide an in-depth analysis of the challenges and suggest strategies…
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CFPB flags risks of tuition payment plans
CFPB Flags Risks of Tuition Payment Plans The Consumer Financial Protection Bureau (CFPB) has recently issued a warning regarding the potential risks associated with tuition payment plans. These plans, offered by many colleges and universities, often require students to borrow money to cover their education expenses. Tuition payment plans typically involve students making monthly payments…