European Union (EU)
Let risks stay in non-bank sector, says EU official
Regulators and experts discuss solutions to financial activities migrating outside banking system
Top officials weigh impact of trade war and AI
ECB president says impact of US tariffs has been “exact opposite” of expectations
Iceland, Romania and Serbia hold, while Poland cuts rates
High food inflation continues to affect eastern Europe
The ‘EuroLiber’ for depoliticised payments
Biagio Bossone explains how Europe could provide a neutral anchor to support international payments
European states announce improvements in payment systems
Denmark opts for back-ups, Sweden goes offline, Balkan states choose Sepa while Austria ups security
Book notes: Crisis cycle, by John H Cochrane, Luis Garicano and Klaus Masuch
This book ought to be read by anyone with an interest in or influence on the future development of the Emu
Merz backs using Bank of Russia funds to help Ukraine
Frozen central bank assets could collateralise €140bn interest-free loan, says German chancellor
Stablecoins pose bigger risks to US than to EU – de Guindos
ECB vice-president also expresses hope that “populist movements in Europe do not prevail”
Options for realising gold revaluations
Is monetary gold a special case in central bank revaluations accounting?
How FX pricing is adapting to Trumpian markets
Dealers are tying pricing engines to new signals in effort to cope with out-of-the-blue moves
Speedy on-boarding: the push for faster model approvals
Europe’s banking watchdog is planning to streamline how it authorises credit model updates. Not a moment too soon, say bankers
Japan FSA’s Ariizumi on Basel delays and regulating AI
Outgoing international affairs chief issues rallying call for Basel III adoption, saying Japan has “kept its promise”
IMF officials call for central clearing of sovereign bonds
“More work needed” to enhance structural resilience in core markets, researchers say
EU firms fear dollar liquidity becoming tariff bargaining chip
Trade war escalation could affect ECB's access to Fed swap lines
Basel uniformity fades as members defy dress code
Rule-makers diverge from Basel III standards, denting aims of comparability and fuelling fears over fair competition
‘Dark’ oil shipping impacts inflation – paper
Research finds nearly 43% of seaborne crude is shipped undercover to evade sanctions
Supervisors use generative AI to tame ‘chaotic’ data
Officials merge credit databases with unstructured reports to sharpen bank oversight, explains Banco de España ex-deputy
Draghi report calls for step change in EU investment
Former ECB chief says bloc should revive securitisation and finish capital markets union to stay competitive
EU agrees to use Russian asset profits to support Ukraine
“This is not our decision, but a political one,” says Euroclear chief executive
Ukrainian central bank cuts rates
Pyshnyy welcomes falling inflation, foreign exchange stability and prospect of renewed aid
Belgian governor calls for rethink of EU climate policy
Transition to lower-carbon economy will create losers as well as winners, Wunsch says
EU isolates frozen Russian central bank interest
European leaders are divided over using Bank of Russia assets to fund Ukraine’s defence
Bulgaria unveils euro coin designs after central bank act amended
Accession to single currency delayed due to high inflation and legal barriers
Italian governor concerned over Russian asset seizure, officials say
Panetta says renminbi has overtaken euro as international currency since Russia invaded Ukraine