Financial Stability
Yellen ‘greatly concerned’ over regulation reversals
Fed unveils proposal for relaxing stress test requirements
Vietnam continues with payment card upgrades
Banks must phase out magnetic strip cards by 2021
Ghana's central bank closes two banks and plans to recapitalise five more
Three banks to merge as financial sector reform effort continues
FCA opens temporary permissions regime application window
Firms have until March 28 to notify the UK regulator
Central Bank of Ireland gives go-ahead to Google payments
Tech giant awarded licence under PSD2
Conventional models beat machine learning in predicting crises, paper finds
Bundesbank paper contrasts performance of logit approach to machine learning
Chinese central bank again seeks to boost lending to small businesses
PBoC doubles threshold for loans exempted under reserve-ratio requirements
Lower interest rates make risky investments more likely – BoE paper
Gains from gambling increase when rates are low, researcher argues
ECB appoints administrators to run Italian bank Carige
Resolution of troubled bank may face political difficulties
Low rates can encourage risk-taking – BoE paper
Author models the risk-taking channel of monetary policy alongside a “bankruptcy channel”
Diverging regulatory policies could spell trouble for banks, report says
Deloitte says there are obvious signs of regulatory divergence
RBI reverses course on restructuring of troubled loans
Decision goes against previous demands that banks cease policy of “extend and pretend”
Ukrainian central bank sues oligarch in Swiss courts for $200 million
NBU demands money from former bank owner it has accused of massive fraud
US regulators find ‘shortcomings’ in foreign bank living wills
Banks will have to correct the problems when they next file a resolution plan
Number of risky housing loans issued in 2018 drops, says Danish central bank
Limits on loan-to-value and debt-to-income ratios have seen reduction on risky loans
Europe approves post-Brexit CCP and CSD framework
EC adopts temporary regime to allow UK CCPs and CSDs to continue operating
The ‘great fintech wall of China’?
Closed-loop systems could help solve part of the PBoC's capital control dilemma
Mozambique sources new payments IT provider after dispute
Payment dispute pushes central bank to speed up unification of payment systems
Barroso laments loss of post-crisis international fraternity
Former EC president describes post-crisis period as “peak” of global collaboration
Trade tensions may reflect international system design flaws
System is "not working" and faces "grave challenges", say top former policy-makers
China remains “committed” to globalisation, says Zhou Xiaochuan
Debt sustainability to be discussed at second Belt and Road Initiative summit next year