Macro-prudential
Fernando Restoy looks to realign Basel’s FSI
Chairman discusses implementing Basel III, challenging political context and FSI’s role
RBNZ seeks liquidity and stability with new mortgage bond standard
New Zealand central bank hopes standard will support market liquidity and improve its own risk position
ECB criticises banks’ Brexit plans
Central bank stresses institutions need to have meaningful operations in the eurozone
Bank of Spain inspector denounces supervision interference
Supervisors consider essential creation of body to safeguard independence
Kuwait could create financial stability committee – IMF
Central bank could strengthen supervision by creating new committee, say IMF staff
Book notes: The Right Balance for Banks, by William Cline
Interesting analysis of optimal capital requirements for G-Sibs, examining whether Basel III requirements can stem another financial crisis
ECB’s Nouy urges banks to complete Brexit plans
Almost 50 banks have approached supervisor to assess their options
Fed’s Quarles wants more transparent and simple financial supervision
Vice-chairman stresses importance of clearly conveying objectives of regulation and supervision
Former BoE economist proposes new regulatory approach
Panellists discuss whether post-crisis regulation has gone too far
BoE’s Taylor pushes back against complaints of over-regulation
Capital requirements could have been made much tougher, Martin Taylor says
Dudley: use ‘paring knife not meat cleaver’ on Dodd-Frank
New York Fed president accepts some elements of Dodd-Frank could be improved
High debt threatens financial stability in Norway, central bank says
Household debt ratios and rising property prices are the two main vulnerabilities for the system
‘Black box’ AI could pose macro risks – FSB
Amid the rapid spread of AI it can be hard to tell where the dangers lie, report finds
BIS paper surveys financial shocks in Latin America
Authors study the most effective policy response to financial shocks in different countries
Internal capital reallocation matters, BIS paper finds
Authors model response of a bank to tightening capital constraints
Brazil loosens prudential regulations for non-banks
Small non-banks’ regulatory processes will be made cheaper under new legislation
European financial system is bigger and more concentrated, ECB says
NPLs have declined, but remain high in Cyprus, Greece, Italy and Portugal
BoE paper examines regulation spillover effects
Case study analyses effect of Spanish balance sheet regulation on Mexico’s economy
Kazakh central bank injects $1.2 billion into four banks
Institutions submitted plans to increase capital and reduce NPLs, says governor
Basel Committee in ‘last few metres’ of post-crisis marathon
Secretary-general says it would be unwise to quit with finish line so close
Fed should have adopted BoE approach to mortgage lending – Tarullo
BoE’s approach to leveraged lending aimed to prevent “hard stop”, Cunliffe says
IMF recommends Spain take a tougher approach on NPLs
Fund advises central bank to set up a group to oversee public asset management company Sareb
Low volatility challenges central banks – BSP deputy governor
BSP deputy governor examines correlation between volatility and uncertainty
DNB to introduce climate-related risks in its supervision
Transition to a carbon-neutral economy will also create financial stresses, Dutch central bank says