Speech
Asset managers should be allowed to operate globally – Bailey
FCA chief warns against attempts to restrict trade in financial services, and says he believes regulators have a good basis for “mutual recognition” of standards
RBA governor dispels view board ‘does nothing’
Central bank board votes to leave rates on hold, extending period to 21 months with no change; Lowe says next move is likely to be up
BoE’s Brazier says investment risks are hidden in “plain sight”
Investors are ignoring “moonwalking bears” and are taking on risks for less compensation as they struggle to obtain higher returns
FCA’s Bailey calls for unity on post-Brexit regulation
Chief executive calls on EU authorities to co-operate with counterparts in the UK
Bank of Ghana looks for ‘smooth’ transition to higher capital requirements
Central bank more than triples capital requirements for all banks to $90 million, and asks banks to comply by the end of the year
Curbs on interest-only loans have cut risks – RBA’s Kent
Regulatory actions have helped reduce risks in what had been a fast-growing sector
BoE’s Brazier: credit risks ‘stirring’ beneath calm surface
Riskier forms of mortgage debt are on the rise, executive director says
Fed’s Brainard warns of ‘financial imbalances’
Fed board member points to risks in high asset prices and business debt
Canadian households may be responding to higher interest rates - Poloz
Canadian governor says higher interest rates will be warranted “over time”
Student debt has wider ramifications for US economy – Harker
Older generations are taking on new debt to help younger family members
Irish deputy governor warns of Brexit risks
But Ed Sibley says “much of the heat has gone out of regulatory arbitrage issue”
Riksbank should reduce balance sheet to avoid risks – Flodén
“Best way” of running down bond holdings is to hold bonds until maturity
BoE should not merge monetary policy and macro-pru - Broadbent
Merging key committees could undermine accountability, says deputy governor
New RBNZ mandate is evolution not revolution, says McDermott
Inflation-targeting framework has been tweaked several times already – assistant governor
FCA’s McTeague examines cyber risks in open banking
Regulator expects firms to maintain high standards of security despite “potentially uncomfortable” transition period
Investment key to Europe’s digital future, says Commission’s Ansip
Commission vice-president provides update on digital single market project
Financial literacy is ‘essential’, says Fed’s Bostic
Atlanta Fed president says financial literacy is key component to achieving employment mandate
Iceland is ready to drop final capital controls – Guðmundsson
Icelandic governor says economy is sturdy enough to allow the removal of the remaining controls
No one can win a trade war, says Benoît Cœuré
Senior ECB official says US growth could be cut by 2.5% by tariff hikes
Fed’s Brainard notes pro-cyclical challenges to supervision
Fiscal stimulus at a time when the economy is running hot requires vigilance, governor says; stress tests cannot counter all pro-cyclicality in credit
Israel’s Flug calls for higher-quality labour market
Bank of Israel governor says country is close to full employment but must do more to improve labour market conditions
Sarb alters interest rate forecasts to extend easing
Central bank sees three 25bp hikes between now and 2021
Malaysian central bank aims to boost use of Islamic insurance
Ibrahim tells takaful providers to leave their “comfort zone”
Dudley outlines tougher incentives to make bankers behave
New York Fed chief says compensation could be linked to banks’ loss absorbency