Financial Stability
ECB flags ‘persistent concerns’ over bank governance
Supervisors perform first assessment of “excessive leverage” and demand action from four banks
Lawmakers join pushback over SEC dealer rule
Bipartisan letter to Treasury says proposal would damage market liquidity
Treasuries’ negative swap spread may cause ‘significant pressure’
New York Fed article says tighter monetary policy could exacerbate Treasury market “fragility”
RBI says banking sector ‘stable’ as Adani rout continues
Securities regulator will investigate “if any information comes” to its notice
UK prepares to regulate crypto sector
Government wants to “capitalise” on benefits of crypto assets while controlling the risks
Text analysis of news spots Chinese financial risk, says paper
Researchers’ model uses machine learning to assess thousands of newspaper articles
Cash demand solid despite digitalisation, CPMI finds
Latest ‘red book’ statistics show rapid growth in cashless payments, but demand for cash still resilient
Credit constraints have small impact on housing market – paper
RBA economist revisits the effects of down payments on housing prices
Fed moves to ban state banks from holding crypto as principal
Supervisors outline plan for “level playing field” between state and national banks
Iran and Russia to link banking systems to bypass sanctions
Move follows Iran’s signing of free trade “memorandum” with Russia-led EAEU
Ransomware threat on the rise, says Boston Fed IT chief
Automation and AI could boost response times and ease staffing pressures
Fed deals double blow to crypto bank
Wyoming-based Custodia turned down for Fed membership and master account
RBI’s Das calls for more work on financial market development
Development has proceeded at “unprecedented pace” despite series of crises, governor says
Stefan Ingves on leadership, prudential oversight and transparency
Riksbank veteran talks about Basel III, policy lessons and CBDCs
Saudi Central Bank consults on draft banking law
Law’s goals include “enhancing banking secrecy” and improving depositor protection
Federal Reserve fines bank over AML breaches on Covid-19 loans
Popular Bank allegedly processed six coronavirus-era loans with significant signs of fraud
Bank of Jamaica to regulate non-bank sector after fraud scandal
Central bank takes over from commission after alleged crime that targeted Usain Bolt
Expected loss model can cut capital procyclicality – BoE paper
New approach to loan loss provisioning can improve stability of capital and leverage ratios
BIS paper proposes new capital flow management tool
Offsetting capital flows rather than blocking them could be the optimal choice, authors say
ECB estimates trillions of euros at risk from climate change
Central bank publishes sustainable finance, carbon emissions and physical risk indicators
BoE says rush to sell could undermine insurance stability
Supervisor questions whether some firms’ stress-test assumptions are “realistic”
Fed begins climate risk assessments for largest lenders
Six largest US banks must assess exposure to physical and transition risks by July 31
Argentine minister announces debt buyback
Government will repurchase up to $1 billion in foreign currency bonds “to lower risk premium”
Head of Jamaican financial regulator resigns over fraud scandal
McFarlane leaves after alleged fraud at investment bank costs sprinter Usain Bolt millions