EU Watchdog Raises Alarm on Data Integrity Challenges in Shadow Banking Risk Assessment
Tuesday, 9 July 2024, 12:37
EU Watchdog Alert on Data 'Black Holes' in Shadow Bank Risk Assessment
Challenges in Data Integrity
- Warning: Data 'black holes' impede risk identification
- Threat: Lack of accurate information in obscured areas
- Call to Action: Enhance data transparency and integrity
The European Union's watchdog has raised concerns about data 'black holes' affecting the assessment of risks associated with shadow banking activities. The presence of obscured areas in data poses challenges in accurately identifying potential vulnerabilities, emphasizing the importance of improving data quality and transparency within the sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.