Tuesday Mar 12, 2024
RBI’s Climate Risk Guidelines, New Finance Minister for Pakistan, AI in Finance, and Crypto vs. TradFi Hypocrisy
The Reserve Bank of India proposes a disclosure framework for climate-related financial risks. Pakistan appoints a new finance minister to tackle economic challenges. CFOs discuss the use of AI in finance functions. An article explores the hypocrisy in both crypto and traditional banking industries. Stay informed on the latest developments in finance with Simply Finance.
Sources:
https://www.thehindu.com/business/Economy/rbis-proposal-for-a-disclosure-framework-to-ascertain-climate-related-financial-risks-explained/article67938041.ece
https://timesofindia.indiatimes.com/world/pakistan/ex-jp-morgan-banker-muhammad-aurangzeb-becomes-pakistans-new-finance-minister/articleshow/108421371.cms
https://fortune.com/2024/03/12/cfos-chipotle-adobe-cava-citizens-ai-finance-functions/
https://www.ft.com/content/aaa68b96-e1cd-4366-a12d-b79c22a90ab7
Outline:
(00:00:00) Introduction
(00:00:43) RBI’s proposal for a disclosure framework to ascertain climate-related financial risks
(00:05:31) Ex-JP Morgan banker Muhammad Aurangzeb becomes Pakistan’s new finance minister
(00:07:49) CFOs at companies ranging from Chipotle to Adobe on the use of AI in finance functions
(00:10:23) Crypto and ‘TradFi’: a friendship of convenience