Banking
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
OCC 'disappointed' at lack of accounting convergence
FASB and IASB must keep trying to unite standards, say bank regulators
Some EU countries unable to punish Emir breaches
Firms in Poland and Ireland cannot be fined for breaking reporting rules
Central Bank of Turkey tells lenders to drop all euros from reserve holdings
Only dollars will be allowed as a substitute for liras in required reserves
Herding tendencies mean smaller banks won't solve moral hazard issue
Minneapolis Fed paper argues banks are too correlated to be allowed to fail
BoE moves to prepare UK banks for EU recovery and resolution rules
UK central bank moves to implement EU Bank Recovery and Resolution Directive
MAS launches consultation on tightening up money laundering controls
Proposed amendments would also crack down on terror financing
Bulgaria turns to the ECB in wake of bank failures
IMF told Bulgaria to attach 'high priority' to fixing its supervisory set-up