Risk
BoE makes climate risk a hot topic for banks
Financial institutions must entrust oversight of climate risk to named individual under senior managers regime
A climate of change
Central banks are striving to take practical steps to tackle climate change risks. Can they succeed?
BIS’s da Silva says climate change is an ‘epistemological break’
Climate change is starting to revolutionise investors’ thinking about risk, says deputy chief
RBI toughens liquidity rules for non-banks in wake of 2018 stress
Default by IL&FS triggered liquidity problems across financial markets
BoE may impose capital floors on UK firms – PRA chief
Sam Woods says some leveraged loans are based on “heroic” risk assumptions
Powell plays down fears about record levels of corporate debt
Fed chair’s remarks strike similar chord to those of Ben Bernanke in 2007, but Powell says this time is different
New Zealand banks attack RBNZ capital proposals
Central bank proposal would almost double banks’ minimum capital requirements
Israeli banks and households resilient to higher rates and unemployment
Housing market withstands adverse scenarios in macroeconomic stress test
How Singapore manages its reserves
MAS managing director Ravi Menon explains Singapore’s total approach to reserve management, which includes the use of customised fixed income benchmarks and tapping into external investment expertise
Don Kohn offers advice on macro-pru under uncertainty
BoE looks at wide range of indicators but could still do more, FPC member says
New IMF data reveals non-banks drive capital flows when global risks rise
Evidence can be used to analyse how changes in industry mix can impact capital flow volatility, researchers say
Risk of hitting ZLB in next three years is low – San Francisco Fed paper
ZLB should not be a concern for monetary policy at this stage, researcher says
BoE to scrutinise banks’ op risk tolerance limits
Watchdog says banks must prove they can stick to tolerance limits; cyber stress test planned
HSBC hires BoE’s cyber risk chief
Watchdog’s CISO will serve as UK bank’s first head of resilience risk
HKMA unveils measures to combat climate change risks
HKMA will be government’s representative in a potential HK$100 billion green bond offering
Draghi dismisses crypto assets
ECB head describes bitcoin as “very, very risky”
Fed proposes expanding netting protection eligibility
Move reflects changes to industry landscape since the 2008 financial crisis
Fed proposes modifications to the wholesale payment network
Proposal to extend window comes with risks but the Fed says it might have a solution
Time for resilience
Events that impact markets have made it crucial to build resilient portfolios that are aware of downside risks. BlackRock explores the importance of protection in downturn scenarios for reserve managers.
Finding the right partners with the right solutions
Over the past decade, the financial crisis, globalisation and technological changes have driven uncertainty and brought about drastic changes for central banks. Vermeg‘s Yamen Bousrih explores the importance of having a consolidated, coherent and…
Central bankers must grapple with climate complexity, panel says
But regulatory frameworks should not be changed to boost “green” agenda, expert says
Longer-term climate risks do not factor in Fed’s financial stability assessment – Powell
Fed chooses to highlight “historically high” corporate debt levels in financial stability report
IBM wins contract to support Canadian RTGS overhaul
Canada is preparing to replace its unusual high-value payment system with a new generation
Bank profitability is associated with lower systemic risk – IMF paper
Over-reliance on non-interest income can increase institutional and systemic risk, researchers find