Financial Stability
RBI unveils vision for e-payments overhaul
Central bank says next 10 years will see “revolutionary shift” in payments across India
New IMF data reveals non-banks drive capital flows when global risks rise
Evidence can be used to analyse how changes in industry mix can impact capital flow volatility, researchers say
Quantitative easing: a never-ending story?
The Fed is cutting the size of its balance sheet, but is unlikely to reduce it to pre-crisis levels
BoE to scrutinise banks’ op risk tolerance limits
Watchdog says banks must prove they can stick to tolerance limits; cyber stress test planned
Ukrainian central bank to fight court ruling on major failed lender
Former owner says “I won the lawsuit” but central bank says nationalisation was justified
Swedish governor calls for comprehensive reforms to housing market
Higher house prices boost private debt, which now poses greatest financial risk, adds the governor
Tighter loan-to-value ratios have stronger impact than a reduction
Other regulations might impact the effectiveness of LTV limits, the authors say
HKMA unveils measures to combat climate change risks
HKMA will be government’s representative in potential HK$100 billion green bond offering
Zhou on four key decisions that forged the modern-day PBoC
Zhou Xiaochuan shares his insights on central bank leadership in China’s economic reform
Fed proposes expanding netting protection eligibility
Move reflects changes to industry landscape since the 2008 financial crisis
Baltic and Nordic regulators form anti-money laundering group
Move follows wave of scandals over handling of alleged money laundering
Fed proposes modifications to the wholesale payment network
Proposal to extend window comes with risks but the Fed says it might have a solution
Finnish central bank needs more macro-prudential tools – deputy governor
Increased presence of international investors may increase housing market’s volatility – Nykänen
Canadian governor calls for innovation in mortgage market
Poloz says Canada should consider a private market for mortgage-backed securities
Central bankers must grapple with climate complexity, panel says
But regulatory frameworks should not be changed to boost “green” agenda, expert says
Longer-term climate risks do not factor in Fed’s financial stability assessment – Powell
Fed chooses to highlight “historically high” corporate debt levels in financial stability report
Macro-prudential and monetary policy work well together – ECB paper
Monetary policy can be used to cushion shocks caused by counter-cyclical buffers, researchers find
EBA board rejects finding that Estonian and Danish authorities breached law
Senior European official says money laundering scandal will not be ‘swept under carpet’