Banking
Fed vice-chair: Libor will end
Libor use has expanded, but Quarles says Fed is looking for transition plans
US regulators end leverage ratio exemption
Fed, OCC and FDIC stick to March 31 end date despite reports of industry lobbying
Myanmar central bank suspends over 200 staff for coup protests
Move comes as junta cracks down on government employees joining opposition protests
Pandemic payout freeze increased lending - BIS paper
Research finds restrictions depressed equities but augmented capital buffers and boosted loans
Myanmar central bank caps cash withdrawals
Officials claim measure is part of digital transition, while the military grows more violent
Fed’s Bowman discusses changes to antitrust law
Board member wants competition policy to take better account of smaller banks
ECB changes largest eurozone banks’ leverage ratios
Latest emergency response to Covid-19 should raise banks’ leverage ratios by about 0.3%, ECB says
ECB to integrate climate risks into supervision
Climate change pushing banks to adapt risk management, disclosure, governance and business strategies
Brainard lending proposal gets boost in Congressional hearing
Participants applaud Fed proposal, while strongly criticising plan by OCC’s Otting
Irish central bank levies record fine on Wells Fargo
Irish subsidiary of US bank fined $6.6 million for “serious failings" in regulatory reporting
ECB needs liquidity powers for bank resolution – Spanish governor
De Cos stresses mechanism must include guarantees to repay public money
RBNZ aims to toughen banking oversight
New Zealand central bank wants to play a more “intensive” and “intrusive” supervisory role
Fed proposes lightening regulations for large banks
Lael Brainard objects to plans, warning they could leave taxpayers “on the hook”
Quarles advocates end to ‘micromanagement’ of supervised banks
Fed’s vice-chair for supervision aims to preserve a secure financial system and foster efficiency
ECB’s Nouy advocates global banking supervisory co-operation
International nature of financial system demands regulation across borders
UK banking sector faces higher costs after Brexit, report warns
Banks may need to replicate departments in Europe to comply with EU regulations
Bonus cap may impact other pay regulation, research from Bank of England warns
Bonus caps will not deter banks from taking risk, latest quarterly bulletin research suggests
UK payment systems regulator assesses compliance in first annual report
First PSR annual report shows progress is being made
Peer-monitoring can help identify ‘distressed’ financial institutions, paper says
Colombian working paper presents early warning system which looks at the price of liquidity
Book notes: Banking Reform in Nigeria, by Yomi Makanjuola
A gripping read, starting with Sanusi Lamido Sanusi's leadership of the central bank
Basel III helps Russian banks handle economic turmoil, says Yudaeva
The country’s banks are better at managing FX and interest rate risks
Botswana's banking sector grew in 2013
Entry of two Indian banks took the number operating there to 13
Widening fix window won't solve forex benchmark issues, industry tells FSB
Variety of recommendations made by industry
Hungarian ruling party condemns ECB ‘pressure' on behalf of foreign banks
ECB concerned over rules requiring banks to compensate Hungarian borrowers