Risk
Systemic risk more than size and default probability
Bank of Canada looks at measuring aggregate risk in the financial system
How risk management will evolve: RBI’s Thorat
Usha Thorat, a deputy governor of the Indian central bank, says business models and an intuitive approach to risk are key to banks’ success post-crisis
Bank of Canada – Financial System Review
Bank of Canada review says overall vulnerability of the system has declined, but individual households are in an increasingly brittle position
Bank paper outlines macroprudential tools
Bank of England discusses possible forms of countercyclical capital buffers; highlights potential problems
Pillar 3 crucial for bank safety
Bank of Finland examines the combined effect of the Pillar 1 minimum capital requirements and Pillar 3 disclosure requirements of Basel II on bank safety
Regulation will not stave off future crises: Bank’s Tucker
Bank of England’s deputy governor argues that regulation will not address collective-action issues; sets out macroprudential tools
Network analysis key to understanding crisis: ECB’s Tumpel-Gugerell
Gertrude Tumpel-Gugerell, ECB executive board member, emphasises the magnitude of contagion in the financial system
BoJ says institutions must manage risk better
BoJ’s September Financial System Report outlines the four key challenges faced by Japanese financial institutions
UK Households face lending constraints – survey
The Bank of England’s quarterly survey shows lending to households has declined, but credit is increasingly available to the corporates
Wanted: paranoid and unpopular central bankers
Panel says central bankers must look for risk everywhere and be prepared to implement unpopular policies to prevent the next crisis
Macro still has a lot to offer: Chile’s De Gregorio
Macro models must be refined to incorporate what we now know to reduce the risk of future crises, says governor of Central Bank of Chile
Chile’s De Gregorio on reform
Central Bank of Chile’s Jose De Gregorio says financial reforms should target incentives of financial intermediaries’ management
Bank of Canada - Summer Review
Bank of Canada publishes the latest issue of its economic review
India’s Mohan: regulation to tackle procyclicality of banks funding
Reserve Bank of India deputy governor, Rakesh Mohan, says reliance on short-term wholesale market funding increased the sensitivity of banks' balance sheets and cost of funds
Counterparty risk still large
International Monetary Fund assesses counterparty risk in the United States stemming from exposures to over-the-counter derivatives payables
Bank risk affects monetary policy channels
European Central Bank says bank risk plays an important role in determining banks’ loan supply and in sheltering it from the effects of monetary policy changes
Kenya to step up supervision: Ndung’u
Central Bank of Kenya’s Njuguna Ndung’u on strengheting supervisory tools
Germany's Weber calls for strong ESRB presence
Central banks should have a strong presence in the executive committee of the proposed European Systemic Risk Board (ESRB), said Axel Weber, the president of the Bundesbank.
Central banks right for stability role
One regulatory organisation in each country should be responsible for overseeing the stability of the overall financial system and that organisation should be the central bank, new research argues.
EU central bankers to pick stability board head
The head of the European Central Bank (ECB) will no longer automatically become the head of the proposed European Systemic Risk Board following objections from the United Kingdom, and several central and eastern European countries.
Ireland's Hurley covets stability role
John Hurley, the governor of the Central Bank and Financial Services Authority of Ireland, said that he would strongly support full integration and coordination within the Irish central bank of responsibilities for both financial stability and micro…
Bank paper unveils new systemic-risk model
A paper published by the Bank of England on Monday has revealed a systemic-risk monitor that accounts for the relationship between liquidity risk and financial stability.
Risk deficiencies common to all
The financial crisis and ensuing recession have revealed deficiencies in risk management in both systemically-important financial firms and community banks, Daniel Tarullo, a governor at the Federal Reserve, has said.
Chaps can cope with payments outages
If a financial institution is unable to make - but able to receive - payments, Chaps, the UK's large-value payment system, will ensure that settlement banks stop making payments to the institution, reducing systemic risk, new research from the Bank of…