Financial Stability
BoE’s Brazier: credit risks ‘stirring’ beneath calm surface
Riskier forms of mortgage debt are on the rise, executive director says
Fed’s Brainard warns of ‘financial imbalances’
Fed board member points to risks in high asset prices and business debt
CFTC’s fintech catch-up effort includes ‘global sandbox’ push
Chairman says US regulator is seeking co-operation deals around the world
Volume of regulatory data a challenge for firms, experts say
Regulators need “right tools” to extract value from high volumes of data
Central banks: the economy’s emergency responders
When economic infrastructure is destroyed in natural disasters, central banks’ contingency plans spring into action
IMF warns of ‘bumpy road’ as rates rise
Financial stability outlook shows risks rising in the short run and “elevated” in the medium run
Lower inflation in LatAm threatened by debt, says World Bank’s Vegh
Public debt for Latin American region tops 50% of GDP
Kenya’s Chase Bank finally acquired
After two years in receivership, Mauritius’s SBM acquired 75% of deposits under moratorium
Senior ECB figure calls for risk-based deposit insurance
Hakkarainen says EU countries should rethink opposition to cross-border scheme
CFTC’s Pan: PFMIs not a template for global regulation
US regulator has previously warned EU supervisors not to unpick hard-won equivalence agreement
BoE to provide ‘tailored’ assistance to African counterparts
UK central bank will share expertise with counterparts in South Africa, Sierra Leone and Ghana
Chinese housing markets need to make ‘painful adjustment’ – IMF paper
Authors suggest governments set up body to ensure liquidity is available for housing market
Irish deputy governor warns of Brexit risks
But Ed Sibley says “much of the heat has gone out of regulatory arbitrage issue”
BIS report urges tighter global macro-pru co-ordination
Deputy general manager says global institutions could do more to promote co-ordination
Synchronisation of global house prices poses new risks – IMF
Macro-prudential housing policies may be affected by global movements, researchers say
ECB supports giving ESM independence
Reformed ESM should be used to provide “backstop” for bank resolution, ECB says
Prudential curbs on lending are working – RBA report
Central bank says concerns over riskier forms of lending “have eased”
Book notes: The paradox of vulnerability, by John Campbell and John Hall
Quality of national institutions vital to handling financial crises, authors say
Former governor: Life lessons from Taiwan
Perng Fai-nan shares key insights upon accepting Central Banking’s Lifetime achievement award