Banks
BIS and Amro publish ‘ready-to-run’ global liquidity stress test
‘Open access, top-down’ framework aims to overcome data and comparability issues
Canada’s Tiff Macklem on the US trade dispute, AI and framework renewal
Bank of Canada’s governor speaks about declining economic resilience, the need for decisions despite policy dilemmas, Canada’s new interconnected, sector-focused structural model, lessons from QE, and more
Paraguay’s central bank credibility ‘in crisis’ over Ueno
Experts raise questions over institution’s supervisory actions and its ties to collapsed digital lender
Lawyers file Amazon deforestation complaints with AML regulators
Legal coalition demand due diligence from banks, investment funds and accountants
MAS wants financial firms to be quantum-ready by 2034
Proposal says institutions should create plans for critical systems by 2027 and migrate them by 2030
Book notes: Keynes for our times, by Robert Skidelsky
Skidelsky skilfully reframes economic debates in this distilled biography, but overreaches in the final chapters
Gambia’s central bank criticised over expat staff policy
Nigerian diaspora organisation calls for reversal of plan to replace non-Gambian employees
Non-banks and rising debt threaten independence – Schnabel
Forward guidance was ‘too Odyssean’ during pandemic, says outgoing ECB board member
Working group minutes: Cash infrastructure under pressure
Both high and low volumes of cash in circulation are causing problems for central banks
Central banks ‘lagging behind’ on tech development – Carstens
Former BIS chief urges monetary authorities to consider their role in agentic AI future
Paraguay’s central bank chief to resign after Ueno Bank falters
Resolution proceedings come after lender’s solvency ratio falls below half of regulatory limit
ECB says no options ‘off the table’ on green dual rates
French parliamentary report claims cheaper lending for transition projects needs no treaty change
DRC central bank hails country’s exit from FATF grey list
Governor says removal will boost international confidence in country’s economy
China sets overnight rate as benchmark in de facto easing
Analysts see greater transparency but expect lower rate to have limited impact on lending
Rethinking capital-flow resilience in an age of recurring shocks
Amro’s Yasuto Watanabe and Takuya Yoshioka argue that policy-makers need a range of credible monitoring and policy tools to address the next waves of major shocks
ECB holds rates as it waits for ‘additional information’
Lagarde says her need to speak out on wider issues was key reason for her announced departure
Euro payments cheaper, even between non-eurozone – study
Nordic central banks say they are far off G20 target for cutting cross-border payment costs
Pacific series: Solomon Islands governor on reform amid political uncertainty
Luke Forau speaks about how Article IVs could be improved in the Pacific while addressing financial inclusion, CBDCs, conflict economics and more
Eurozone banks tighten credit standards – ECB survey
Lending conditions for firms, consumers and homebuyers expected to become more stringent in Q4
The risks and returns of ever-expanding swap and repo lines
Increase in central bank swap agreements and repo facilities should help to counter future liquidity squeezes. But the proliferation is fraught with political risk
BoE survey finds UK financial firms shifting to GenAI
Respondents expect systemic risk to increase as tech becomes more widespread