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Search results for risk management

Crypto

RBI says stablecoins threaten monetary sovereignty, reaffirms ban-leaning stance

India\'s central bank, the Reserve Bank of India, has reiterated its view that banks and financial institutions should be prevented from holding or trading cryptocurrencies and privately issued stablecoins. Government documents from May and June call for severing links between regulated finance and crypto markets to limit spillover risks. The RBI warned foreign currency-based stablecoins could threaten monetary sovereignty and flagged concerns over rupee-linked tokens. Tax authorities also cited under-reporting of crypto holdings and transactions.

Finance

NH NongHyup Financial speeds up AI shift, begins building group governance

NH NongHyup Financial Group is moving to build an enterprise-wide AI governance framework as the use of AI expands in the financial sector. It plans to set group-level standards and apply risk management criteria tailored to each affiliate’s work environment. The company aims to complete the framework within this year in line with financial regulators’ AI policy direction. It is also running an enterprise-wide task structure involving relevant departments and plans training, change management, and pilot verification.

Games & Commerce

Game companies shift ESG focus to security and user rights

Major South Korean game companies are reshaping ESG priorities, putting user rights, cybersecurity, AI ethics and talent management at the center of their 2025 sustainability reports. Firms increasingly use dual materiality assessments to gauge both societal impact and financial risk from ESG issues such as data leaks and cheating. AI appears as a growing governance issue alongside productivity gains. Approaches differ by company, while environmental efforts shift toward management systems such as carbon neutrality goals and climate analysis.