Financial Stability
Research project weighs bold plans for cross-border payments
One possibility is to create a single global central bank digital currency
‘Big tech’ finance raises fundamental questions – BdF deputy governor
Risks from cloud computing not being addressed by supervisors, Denis Beau warns
EU stress tests should follow US example – EBA chairman
Enria says EU process is too slow and opaque compared to US approach
Atlanta Fed launches new rental market data tool
The affordability tracker sheds a new light on how many households in the region are struggling to find affordable housing
Brainard: Fed keeping open mind on AI regulation
Some rules already apply to AI tools, but Fed “still learning” about AI’s impact
Fed plans further cuts to regulation for community banks – Quarles
Further regulatory easing announced alongside greater stress test transparency plans
Balance sheet adjustments needed to combat climate change, says Finland’s Rehn
Finnish governor urges central banks to do more around the issue, including gathering more data to better forecast risk
ECB prepares to supervise largest Bulgarian banks
Move comes as Bulgarian government attempts to join single currency
UAE central bank cuts cap on housing loans
Government carries out major increase in public spending
Podcast series: central banking in the post-crisis world
In a new series, Central Banking speaks to Yale’s Andrew Metrick about how the discipline has changed over the past decade
Dominican governor highlights central bank role in economic turnaround
The country is now one of the fastest growing economies in Latin America
US banking system responding well to post-crisis reforms, says Fed
Banking system shows healthy rebound despite supervision uncovering weaknesses, the Fed reports
China’s rebalancing on hold as growth falters – IMF paper
Rebalancing is expected to continue in 2019, but income inequality and leverage could prove an issue
Household debt is main risk for New Zealand – RBNZ’s Bascand
Deputy also notes country is more reliant than most on overseas funding
Supervisory lessons: the need for intrusive supervision
Former Bank of Spain head of supervision Aristóbulo de Juan reveals his central principles for the (intrusive) supervision of banks in the third of a four-part series
MAS chief laments ‘data localisation’
Misguided notions of data security threaten digital growth, says Menon; central bank further strengthens fintech support
RBNZ launches review into collapsed insurer
CBL Insurance to be liquidated after failing to assemble rescue plan
Sarb reprimands HSBC for AML deficiencies
Central bank fines commercial lender over $1 million after weaknesses in AML detection and reporting were discovered
The euro: a troubled third decade?
Italy’s pact-busting budget highlights ongoing eurozone frailties
Fed will delay stress capital buffers, Quarles says
Vice-chair says Fed is looking to modify stress-testing methods
EU offers Iran sanctions relief with new clearing house
Iran retains access to Swift network despite US sanctions, but new clearing house could provide permanent loophole