Financial Stability
Stifling cross-border banking hurts developing countries – World Bank
World Bank offers advice on successful cross-border banking
ECB’s Nouy urges banks to complete Brexit plans
Almost 50 banks have approached supervisor to assess their options
Central bank alters export regulation for sea cucumbers
End of trading ban has led to boom in the Solomon Islands’ exports of the sea creatures
Visco cautions ECB against forced sales of NPLs
Move to set minimum sell-offs could hamper banks’ recovery, Bank of Italy governor says
Fed’s Quarles wants more transparent and simple financial supervision
Vice-chairman stresses importance of clearly conveying objectives of regulation and supervision
Supervision bolsters monetary policy transmission – Draghi
No sign of housing bubble developing across eurozone as a whole, ECB president says
NBK intervenes as Kazakh banking troubles spread
Central bank moves in to rescue one bank and triggers liquidation of another
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
Payments overhaul under way in Aruba
Central bank to give up clearing responsibilities to oversee new payments infrastructure
Dudley: use ‘paring knife not meat cleaver’ on Dodd-Frank
New York Fed president accepts some elements of Dodd-Frank could be improved
Mauritius governor opens new currency museum named after first governor
Museum ‘Aunauth Beejadhur’ will exhibit Mauritian currency throughout the ages
PBoC’s Zhou warns of ‘sudden’ contagion risks
Governor continues with tough line on financial imbalances
Uruguay launches digital currency pilot
10,000 users will have access to network
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
Supervisors must co-ordinate on ‘significant-plus’ branches – EBA
Guidelines set out advice for handling branches with “critical” functions