European Union (EU)
EBA sets out 2017 work programme
Authority will undertake “re-prioritisation exercise” after European Commission does not meet full staff request
Coen seeks to quell European fears on Basel III
European parliament members accuse Basel Committee of favouring US over European banks
European Commissioner cautions US on TLAC rules
Dombrovskis says foreign banks should not be mistreated by Fed internal TLAC proposal
European commercial bond market may suffer from lack of liquidity, ESRB says
Banks complain of effect of European regulations on liquidity
Basel Committee hits turbulence on approach to year-end deadline
Industry and some governments express alarm ahead of final rules
Basel Committee warns on potential missed deadlines
"Significant number" of jurisdictions still falling short
Book notes: The euro and the battle of ideas, by Markus K Brunnermeier, Harold James and Jean-Pierre Landau
A fascinating and informative book that offers suggestions on how differences in beliefs can be overcome
ESRB unveils methodology for mapping shadow banks
Major gaps still exist in data, regulator says
Irish central bank warns of ‘negative and material’ impact from Brexit
Quarterly bulletin discusses channels through which UK vote to leave EU will affect Ireland
Slovenian bail-in was legal, ECJ rules
Decision to wipe out junior debt of Slovenian banks was challenged
Beyond banking: ESRB wants wider macro-prudential toolkit
European Systemic Risk Board argues for providing policy-makers with instruments extending to all forms of credit
Bank of Italy sees Brexit having little impact on country
Commercial and financial links less than other European countries, Bank of Italy argues
Short-sale disclosure rules can distort securities prices, Bundesbank paper says
Authors use ‘unique data set’ on German short-selling positions
Dombret sees no need for ECB response to UK vote
Deutsche Bundesbank’s Andreas Dombret says it is not clear to what extent further easing would boost economy
EBA says number of women in senior positions at European banks is ‘very low’
Banks with major cross-border interests lack geographical diversity, EBA says
Latvian central bank becomes lead authority on counterfeiting
Bank has taken over key functions from Latvian state police
EBA survey: Most European banks did not see Brexit as risk
Surveyed banks anticipated increased levels of lending to businesses and consumers
Post-Brexit gilt auctions met with strong demand
Trends in gilt yields show UK debt still seen as ‘safe haven’ asset, says analyst
Sarb deputy sees tail risks from Brexit but expects storm to calm
Mminele sees tail risk from asset liquidation by UK corporates and investment funds
BiH central bank preparing for long road to EU membership
Central bank is looking to build its capabilities and expand staff
DMO will not change course after Brexit vote
Head of UK Debt Management Office stresses predictability and transparency ahead of gilt auctions
Mersch stresses importance of democratic legitimacy in Europe
Executive board member at ECB wants to see decision-making process in Europe enhanced
Reasons to be optimistic after Brexit
Both the UK and Europe can turn Brexit to their advantage
EBA chair calls for ‘deep-rooted changes’ in bank culture
Andrea Enria says more must be done to confine episodes of misconduct to the past