Financial Stability
Stablecoins could let US firms prioritise some creditors – study
FDIC may be on hook if a bank issues coins before failing, Cleveland Fed researchers say
Pacific series: PNG’s governor on 40 years at the central bank and her plans for its future
Elizabeth Genia speaks about reaching remote communities, FX, green finance and leadership
As NBFI sector grows, so do its risks and benefits – Knot
Former FSB chair discusses implications of sector’s increasing dominance
Kansas City Fed warns of long-term AI financing risks
Highly leveraged entities may cause financial stress to spill over to broader economy
IMF flags gaps in Somalia’s financial reform efforts
Fund notes progress, but says central bank should go further to safeguard stability
Divergence from global cycles gives Asia policy room – Amro
Change may allow Asean+3 central banks to focus on domestic rather than global conditions, report says
BIS’s Hernández de Cos on AI, non-bank risk and tokenisation
General manager talks about how the BIS is navigating a complex global environment
RBA says stability risks mainly come from abroad
Bank’s finstab report says financial system resilient but points to AI and geopolitical concerns
Canada fights stigma over standing liquidity facility
Deputy governor outlines new plans for repo operations and central clearing
Supervisors must co-operate internationally – Elderson
ECB board member warns emerging risks to stability demand joint response from regulators
Bailey calls for AI kill switch ahead of regulation
FPC says technology is escalating financial stability risks and making them more intertwined
Modernisation can ‘free supervisors to think’ – Thedéen
Basel Committee chair says multidisciplinary teams are necessary to track ‘ever-changing’ system
Podcast: Cyber security threats to financial stability in the age of AI
Nation-state espionage, malware and ransomware but with agentic AI swarms
Goodhart and Pradhan on the end of monetary independence
The unanchored central banker authors speak about how ageing populations, soaring healthcare costs and rising fiscal deficits will force central bankers to compromise on inflation targets and bail out indebted governments
Book notes: The unanchored central banker, by Manoj Pradhan and Charles Goodhart
A book sparkling with provocative opinions that challenges readers to rethink central banking amid evolving macro trends
Washington is guarding against the wrong dollar threat
Brics nations did not launch a common currency in New Delhi. The payment networks they are building may matter more
Swiss upper house backs tougher capital rules in blow to UBS
Vote moves proposed 90% capital backing for foreign liabilities one step closer to becoming law
Strait of Hormuz is top barometer of supply stress – BIS study
Impact of traffic disruption through other waterways neither as consistent nor as global
Regulatory risk aversion contributed to SVB failure – Bowman
Supervisors ‘knew, or should have known’ about risks a year before bank’s collapse, says Fed vice-chair
IMF reaches staff-level agreement with Zimbabwe
Country still needs to strengthen governance and restore debt sustainability, fund says
ADB offers $5bn to alleviate energy and fertiliser crisis
Institution says funds will be delivered on selective and demand-driven basis