Macro-prudential
Fed paper presents method to better estimate systemic risk
Authors find their approach outperforms several commonly used systemic risk indicators
Thailand’s macroeconomic policy at a ‘turning point’ – Santiprabhob
Policy will have to evolve to support the economy rather than stimulate it, governor says
Passive investing boosts some risks and cuts others – Fed paper
Authors assess four ways the surge in passive investing might impact stability
Kenyan central bank reports big increase in banks breaching regulations
Governor calls for banks to consider their “long-term impact on society”
Next financial crisis “will be brewing” in shadow banking – Bullard
Fed has limited powers to tackle Silicon Valley threat to financial stability
Kenyan banks forced to reveal hidden loan fees
Kenya’s central bank begins effort to repeal interest rate cap
Competition strengthens banks close to insolvency – BoE paper
Competition policies have a mixed impact on the banking sector, BoE paper says
FPC better equipped for crisis than FSOC – BoE paper
Paper compares how macro-prudential regulators in UK and US would handle a 2008-style crisis
BIS paper compares current Asian vulnerabilities with 1997 crisis
Global banking statistics could have given warning signals ahead of Asian crisis, authors say
BoE paper proposes composite measures to communicate UK financial stability
Authors aggregate indicators of financial stability into simple composite measures
Ugandan governor says central bank not ‘obliged’ to bail out banks
Bailouts could encourage mismanagement, he says
Carney: Brexit could trigger ‘extreme fragmentation’ of EU markets
Lack of agreement on derivatives likely to be more costly for European markets than UK ones, BoE governor says
FCA’s Bailey stresses need for Libor backstop
Chief executive warns firms the end of Libor is not a “black swan” event, but a certainty
Bank of Thailand: housing market oversupply needs monitoring
Oversupply is pushing down prices, but developers continue to rack up debt
Singapore moves to curb private housing boom
Buyers have to pay higher taxes and face tougher loan-to-value limits
New Zealand’s main banks pass stress tests
Tests cover wider range of risks, including concentration and misconduct risks
‘Low for long’ endangers stability, warns BIS committee
Some banks could face solvency issues if faced with a “snapback”, warns Philip Lowe
Higher capital ratios trade growth for stability – Philadelphia Fed paper
Better capitalised banks reduce lending rates, researcher says
Demographics shaping Australian housing market – RBA’s Heath
Different housing markets are shaped by patterns of population growth, senior economist says
European banking union insufficient to withstand next crisis – Portuguese governor
Common supervisory and resolution tools are in place, but Europe lacks a deposit insurance scheme
Fed’s Quarles defends FSB from US critics
Supervision chief says FSB is not a threat to sovereignty and helps solve collective problems
Carney criticises EU stance on Brexit issues
Governor describes EBA analysis on banking sector risks as “incomplete”
Major banks pass Fed stress tests
All banks assessed reached minimum capital requirements in more adverse scenario
Richmond Fed economists design bank resolvability score
Score could help make complex living wills easier to interpret, authors argue