Banks
Global cross-border lending growth at highest rate since 2008
Bank claims continued to grow “rapidly” in Q3 2019, latest BIS figures show
Angola’s central bank establishes inflation expectation indicators
Central bank issues new surveys to gather information on prices following exchange rate liberalisation
European companies’ credit demand shrinks despite ECB stimulus
In Q4 2019, credit demand from non-financial corporations declined for first time in six years
Central banks must take lead on climate disclosures – PBoC’s Ma
Reserve managers’ stances send important signals to the financial community, says Ma Jun
Non-bank growth slowed in 2018, says FSB
Riskiest forms of non-banks still growing, but overall assets went into reverse in 2018
Climate risk models not up to scratch, warns BIS report
New research highlights models’ inability to accurately anticipate climate risk; says central banks must not become “climate rescuers of last resort”
Belgium to launch new ‘smart’ ATM network
Network will look to solve geographical disparity and maintain cash services
UK regulators set new deadlines for Libor transition
Working group sets out priorities for 2020 as Libor deadline looms
Bank of Ghana payments overhaul to focus on fintech
Central bank will ensure regulation is fintech-friendly, while promoting adoption through new licensing regime
Lebanese governor requests more powers to deal with crisis
Salameh says financial and monetary stability at risk without new measures to regulate banks
KYC initiative could help stem correspondent banking decline
South Pacific KYC utility will be based on digital identification databases; decisions on minimum data requirement yet to be made
EU central bankers urge UK to stay close on regulation
Klaas Knot and Luis de Guindos warn UK could lose out if it diverges from EU regulations, but Mark Carney says UK needs autonomy
Female Spanish entrepreneurs face unconscious bias by lenders – research
Double standards suggest credit allocation among start-ups is not efficient
BoE prepares for regulatory data shake-up
Central bank keeping open mind on future of regulatory data collection; FCA plans to expand “advanced analytics” and automation
Bank Negara Malaysia seeks feedback on new climate taxonomy
Central bank proposes classifying activities based on how much they harm the environment and how willing businesses are to improve
BIS paper: banks may harm customers through ‘steering’
Nudging “naive” households to take decisions can harm their welfare, authors find
ECB paper offers tiering solution to CBDC structural concerns
Separating CBDC functions between tiers could disincentivise use during crisis periods, but disintermediation of the banking sector still a risk, author warns
Risk weight tweak could fix IFRS 9 capital clash – research
Practitioner suggests way to cancel out double-counting of Basel credit loss provisions
Hong Kong supervisory framework needs further strengthening – IMF
Growth outlook has deteriorated but banking sector well positioned, says fund
2020: fintech and beyond
At the turn of the decade, central bankers share their thoughts on financial technology – past, present and future
Macroeconomics is not broken
The discipline has moved beyond the neoclassical synthesis. Critics should too
Tighter regulation may be working – MIT economist
Kristin Forbes says banks may be more resilient but warns risk could be shifting to shadow sector
ECB warns Lithuanian government over bank tax plans
Plan to tax banks’ assets could harm financial stability, particularly for weaker lenders, ECB says
IADI highlights move to strengthen deposit insurance
Survey of 113 schemes finds they are becoming more generous and faster to pay out