Financial Stability
SNB to lend up to $54 billion to Credit Suisse
Swiss central bank and supervisory authority say bank meets capital requirements
BoJ flags risk management problems at banks
Central bank also tries to allay concerns over Japanese banks amid SVB crisis
BoE says more work needed to assess climate capital rules
Campaigners disappointed by lack of action on building resilience to climate change
Fed launches supervision review in wake of SVB collapse
Vice-chair for supervision says central bank needs to show “humility” after bank failure
Central database is ‘cornerstone’ of open banking
Cyber security and financial literacy are key obstacles to data-sharing, experts say
UK brokers sale of SVB subsidiary
HSBC to buy tech lender’s UK arm for symbolic fee after BoE takes part in emergency bidding process
Fed creates new liquidity backstop amid contagion fears
Valuing collateral at par marks significant break with rules on standard liquidity facilities
ECB to run cyber attack stress test for eurozone banks
Eurozone banks have seen major increase in hacking after Russian invasion of Ukraine, Panetta says
Crypto firms are dodging scrutiny, US comptroller warns
Hsu compares crypto exchange FTX to BCCI, subject of infamous ’90s banking scandal
Run on US bank sparks fears over interest rate risk
Major banks’ shares drop as investors reassess billions of dollars of unrealised losses
Saudi Arabia gives Turkish central bank $5 billion
Turkish government moves to protect workers from firing in aftermath of earthquake
OK regulator? How AI became respectable for AML controls
Dutch court case pressures supervisors to accept new tech; explainability the key challenge
Dallas Fed warns of global housing ‘slide’
US and German markets are out of touch with fundamentals, authors say
To repo or to buy? Non-bank liquidity backstops still elusive
BoE’s Hauser and Fed’s Logan flag major design challenges in building ideal market backstop
BoE tells LME Clear to fix governance failings
Regulators open “enforcement investigation” into nickel market disruption
Young borrowers struggling with debt – New York Fed
Delinquencies are rising fast and forbearance on student loans is set to end
End dependence on central bank financing, Ukraine governor says
Supervisors will start evaluating banks in April as IMF considers increased financing
Israel political crisis sparks fears for economy
Bank of Israel governor reportedly convened financial stability committee last week
FSB sets ‘priority actions’ for global payments reform
Broad study of interoperability and alignment has been narrowed down to specific actions
FATF suspends Russia and grey-lists Africa’s largest economies
South African president pledges rapid reform as Yellen hails action against Russia
US and UK sanction Russian bank licensed in UAE
Central bank “studying options” as Ukraine allies target sanctions evasion
Fed spurns Custodia a second time
Central bank again denies membership application from Wyoming crypto firm
Fed, FDIC, and OCC warn banks over crypto deposits
Risks from crypto firm deposits are correlated, heightened and unpredictable, Fed says
Lebanese governor is charged with financial crimes
Prosecutor asks higher court to examine case against Riad Salameh