Bail-in
How Finma milked Credit Suisse’s CoCos to close UBS deal
An unusual clause in Swiss AT1 bonds allowed them to be written off, but could others follow suit?

ECB questions Credit Suisse bond bail-in
Swiss government, SNB and Finma organise rescue of troubled lender that pays out to equity-holders

Capturing moral hazard: the Scarlet Pimpernel of finance
Moral hazard exists in many contexts, but can be ‘damned elusive’ to capture, writes Jesper Berg

Slovene parliament rejects government’s central bank nominee
MPs criticise candidate over alleged governing party links as banking dispute continues
FSB says gaps remain in resolution regimes
Ten years since resolution framework was published, bank bailouts are still taking place
China rolls out loss-absorbency rules for systemic banks
China to follow FSB standard, telling G-Sibs to build buffers worth 18% of risk-weighted assets
Bank investors still don’t think bail-in will happen, FSB told
Questions over bailing in bank bondholders mean problem of too big to fail persists, experts warn
Lebanon aid depends on reform – IMF
Georgieva sets banking bail-in and further audit of central bank as conditions for emergency aid
Claudia Buch: ‘We need higher transparency’ on resolution
Bundesbank vice-president discusses progress towards ending ‘too big to fail’ and the gaps that remain
FSB flags ‘gaps’ in too-big-to-fail reforms
Report highlights evidence reforms are working, but resolution remains imperfect and data limited
ECB warns Slovenia over new loan law
Yves Mersch says ECB should have been consulted over law and warns of financial stability effects
Slovenian central bank demands courts rule on bail-in law
Bank of Slovenia says law would break EU Treaty as bitter dispute over bail-ins escalates
EU could take legal action against Slovene central bank law
Commission could act over lawmakers’ bid to force central bank repayments
Slovenian law passes despite central bank calling it illegal
New law is latest action in long-running political campaign to penalise central bank over bail-in
Slovenia’s central bank warns lawmakers over bail-in
Central bank says draft law would hand it unlimited liability for bondholder losses
Eurozone bail-in regime has not widened bond spreads – ECB paper
Wider financial and economic environment play key role in determining bond spreads – researcher
BIS’s Restoy calls for further action on resolution frameworks
Work on finalising crisis-management framework is not complete, says Financial Stability Institute head
Mark Carney on joined-up policy-making, forward guidance and Brexit
BoE governor rules out negative rates and change to inflation targets, offers update on too-big-to-fail; and more
Slovenian central bank reports good stress test results
Central bank has had long-running dispute with government over bank bail-ins
BoE to demand transparency on bank resolution plans
Central bank finalises framework for resolvability assessment
ECB again criticises Slovene attempt to change central bank law
Politicians’ attempt to compensate bailed-in shareholders would break EU law – ECB
FSB sees room to improve resolution frameworks
Progress is most advanced in globally systemic banks’ home jurisdictions, but gaps remain
ECB says Slovene draft law would harm central bank
Proposal is latest round in long-running political battle over bail-in of shareholders and creditors
Central bank of the year: Monetary Authority of Singapore
Fintech pioneer has strong monetary policy, financial stability and supervisory record