Capital ratios
BoE changes stress test framework but keeps scenario the same
Stress tests will attempt to gauge impact of IFRS 9
RBNZ deputy governor calls for move to ‘dual reporting’
“Sometimes unclear” how banks reach their risk weightings, Bascand says
BoE’s Cunliffe sees liquidity risk in rise of investment funds
Investors have poured money into less liquid instruments at a time when market liquidity has been falling, warns the BoE deputy governor
Nigerian central bank acts without MPC after quorum failure
Emefiele holds monetary policy steady, and hails continued fall in inflation
Russia raises capital ratios, launches fintech consultations
Systemically important banks must increase capital ratios; smaller banks can choose “basic” or “universal” licences
Minneapolis Fed launches too-big-to-fail plan
The four-step plan proposes stricter capitalisation rules for big banks and looser regulation for smaller institutions
One big bank falls short of ECB’s capital requirements
One bank falls short and a second comes close, although five banks failed the test in 2016
Reforms helped oil states weather shock – Kuwaiti governor
Governor says banks may not have fared so well without regulatory reforms; he says operational risks rules may need adjustment in face of cyber attacks
Fed proposes sharing more information about stress tests
Proposal includes insights about how the regulator estimates hypothetical losses
Most UK banks withstand ‘disorderly Brexit’ stress tests – BoE
Majority of banks unfazed by tests “more severe than the financial crisis”, but a few struggle with lingering issues
Bank of Russia allows country’s largest bank to use IRB approach
Sberbank is first Russian bank to be allowed to use IRB
EBA releases guidelines for internal model risk parameters
Revisions aim to strike a balance between comparability of models and risk sensitivity, says EBA
Bank of Israel’s outgoing chief, Stanley Fischer, on the challenges of central banking
Stanley Fischer believes his work as governor of the Bank of Israel is done. He tells Chris Jeffery about the reform process in Israel as well as the challenges facing the world economy and the IMF