Financial Stability
Tajik central bank launches consumer protection push
Plan could create stability and growth if it is successful
Should banks hold cocos or other kinds of buffers?
Richard Heckinger examines the merits of contingent convertible bonds
Malawi governor announces plans for central depository system
New system will provide security for transactions taking place in the market, Chuka says
Singapore fines two foreign banks for 1MDB-related breaches
Investigations continuing into Goldman Sachs’ role, regulator says
French paper presents macro-prudential early warning system
Authors advocate aggregating results of larger number of models
Netherlands paper explores people’s trust in pension funds
Most workers opt for flat-rate annuity arrangements, but there are some deviations, authors find
Bank Negara Malaysia’s new site draws on award-winning designs
Responsive site launched after in-house team conducts benchmarking exercise on award-winning central bank sites
EU could impose negative rate shocks via IRRBB rules
EBA guidance on shocks is “outdated”, says ECB official
Deal on output floors and op risk approach likely – Ingves
Revised standardised approach to credit risk will be “capital neutral” and more compatible with IRB
Unreported assets worth $6–7 trillion, Italian researchers say
“Areas of opacity” remain, despite anti-evasion initiatives, authors say
MAS warns of risks surrounding households
Prudent financial and debt management is crucial, regulator says
New Zealand central bank asks for more macro-prudential powers
Capital’s housing prices "among the highest in the world", report says
Bank of Zambia closes fourth bank this quarter
Commercial bank deemed insolvent by the regulator
RBS falls short in latest Bank of England stress tests
Lender releases new capital plan after failing to meet hurdles set by the BoE
‘Significant’ housing market risks in eight EU states – ESRB
UK outlook “highly uncertain”, while regulatory mandate in Sweden is “not clear”
Dealers urge further clarity on rules for ailing CCPs
New European rules stop short of defining resolution triggers
Central banks may be partly to blame for low real rates, says BIS’s Borio
Rate cuts may fail to generate inflation while destabilising the economy
Praet calls for European ‘fiscal backstop’ and deposit insurance scheme
Limited banking union leaves Europe more open to country-specific shocks, ECB economist says
Cœuré spells out ECB’s stance on Greek reforms
Government must reform legal process and status of banks, senior ECB figure says
Banks have still not fixed ‘poisonous mix’ of problems – BIS’s Borio
Almost a decade after the crisis, banks remain vulnerable, Claudio Borio says
Mauritian governor explores low-growth puzzle
Government and central bank need to work together in order to stimulate growth, Roi says
Peso depreciation is ‘necessary’ – Bank of Mexico report
Relationship with the US has made Mexico sensitive to economic policy decisions by its major trade partner, report says
MAS charges two investors with orchestrating ‘massive fraud’
Two individuals are accused of largest market manipulation in Singapore’s history
Central Bank of Ireland eases burden on first-time buyers
Abolition of LTV caps means first-time buyers are now able to borrow up to 90%, central banks says