Resolution
Stress-test transparency: how much is too much?
The transparency drive to disclose bank stress-test results comes with costs
A not-so-stable Genius Act?
New stablecoin rules raise monetary sovereignty and financial stability concerns
Supervision Benchmarks 2025 – executive summary
Data reveals focus on digitalisation and widespread use of suptech tools
Boris Vujčić on Croatia’s economic journey, the digital euro and the Governing Council
The Croatian National Bank (HNB) governor speaks with Christopher Jeffery about managing financial risks, the pros and cons of euro adoption, payment system reform and the use of real-time data
Ex-OCC chief Michael Hsu on the impact of an America-first agenda
The former acting comptroller of the currency speaks with Christopher Jeffery about the future of the US Treasury market, Fed independence, financial de-regulation, the Genius Act and international co-operation
MREL cut must be paired with more external funding – BIS’s Restoy
Reforms to resolution regime might appear technical but entail political choices, FSI chair argues
Should the Fed mandate collateral pre-positioning at the discount window?
Supervisor wants lenders to be ready to access central bank facilities, but formalising pre-positioning has some drawbacks
Sweden moves to improve liquidity provision in resolution
Riksbank and debt office develop “joint approach” to clarify how lenders can source liquidity in crisis
Do central banks need more tools to regulate the financial system?
Policy-makers from Armenia, Thailand and New Zealand share perspectives on how to keep up with the ever-changing industry
‘Sandpile’ model makes case for supervisory intervention
IMF paper finds that arranging sales of failing banks is best policy, despite some side effects
FSB: big banks could be sidelined from future rescue deals
Exacerbation of too-big-to-fail means G-Sibs could already be too large to take extra assets
Central banks need to step up their crisis management plans
Patrick Honohan argues that robust preparation can better protect reputations in the event of a crisis
Banks should be operationally ready for liquidity support – BIS
Institution calls on authorities to improve lenders’ preparedness for central bank liquidity
Nandalal Weerasinghe on Sri Lanka’s IMF programme, central bank reforms and road to recovery
The Central Bank of Sri Lanka governor speaks about his return from retirement to aid Sri Lanka’s structural reforms and recapitalisation, reinforce central bank independence and develop financial resilience
Securing sound deposit protection in East Africa
There is a need to revisit legal frameworks to adopt risk-adjusted premium regimes and establish more comprehensive deposit insurance systems in the East African Community, write Gilbert Nyatanyi and Gloria Tengera
Implementation of regulatory reforms ‘uneven’, says FSB
Annual report reviews efforts over past year to adopt Basel III and tackle risks in non-bank sector
Book notes: The bankers’ new clothes, second edition, by Anat Admati and Martin Hellwig
A disjointed book where ‘I told you so’ new chapters add little to the excellent original analysis
Mamo Mihretu on the radical reform of central banking in Ethiopia
Ethiopian governor speaks about simultaneous monetary policy and exchange rate reform, opening the country’s financial system and a fundamental reset for Africa’s second most populous economy
Clearer guidelines needed for crisis co-operation – FSI report
BIS institute publishes findings from exercise simulating bank failure in Latin America
Banknotes: July to September 2024
A round-up of news and salient issues that have affected central bankers in the past three months
RBNZ opens consultation on more standards for deposit-takers
Central bank proposes “non-core” requirements in addition to prerequisites for licensing