A report published by the Bank for International Settlements outlines how major economies could achieve closer co-ordination of macro-prudential policies, boosting their effects.
BIS deputy general manager Luiz Pereira da Silva and Manchester University’s Pierre-Richard Agénor argue improved reciprocity could be underpinned by greater analytical influence from global bodies including the BIS, International Monetary Fund and Financial Stability Board (FSB).
Highlighting the significance of
- Supervisory lessons: resolution is a ‘dirty business’
- Key Brexit vote complicates outlook for UK economy
- European auditors ask lawmakers for increased access to ECB documents
- Switzerland grants fintech firms access to interbank payment system
- BIS’s Borio calls on economists to take money more seriously