Supervision
Benchmarking AI in central banks – a question of creative destruction
Central banks are taking cautious steps towards adopting AI but have not prioritised research into its effects
ECB finds holes in banks’ credit spread risk nets
Banks censured for insufficient evidence to support exclusion of products from CSRBB perimeter
No Fed G-Sib buffer reform in 2025, say experts
Recalibration of method 2 seen as more likely than its abolition; banks resist daily averaging
ECB fines Spanish bank for not complying with climate rules
Supervisor imposes first-ever financial penalty over environmental prudential requirements
ECB to tilt future QE to shorter-term bonds – Schnabel
Collateralised lending to play key role in Eurosystem asset composition
Banks grapple with Fed’s double deadline on stress-test plans
Supervisor consulting simultaneously on next year’s test scenario and broader model changes
Stress-test transparency: how much is too much?
The transparency drive to disclose bank stress-test results comes with costs
‘Opaque’ AI poses supervisory challenge, says BdF’s Beau
Deputy governor says focus should be on data required for ‘new elements’ of EU’s AI act
ECB does not have rule-making power – Elderson
Binding decisions are based on existing regulations and not supervisory expectations, board member says
Thedéen remains positive about Basel III implementation
Basel Committee chair says reports of the death of global co-operation are ‘greatly exaggerated’
EBA chief urges global action on multi-issuance stablecoins
Reserves backing currency should move “seamlessly” across borders to enable fungibility, says Campa
Stability before competitiveness, say supervisors
ECB’s Donnery and BIS’s Restoy discuss merits of imposing secondary mandate on growth
Kenya passes law establishing crypto supervisory regime
Bill, awaiting president’s signature, will grant central bank authority to license virtual asset issuers
FSB finds large gaps in implementing regulatory reforms
Efforts to strengthen resilience of financial sector have not been timely or consistent, body warns
Simplifying rules may hinder EU single market – BIS’s Restoy
FSI chair says supervisors must be mindful of trade-off from making banking regs less complex
RBNZ to set up financial policy committee
Institutional reform comes after parliamentary inquiry suggests idea that mirrors set-up at BoE
Interest rate risk rules need more work, says Fed’s Barr
Former vice-chair for supervision also says his redraft of Basel III would have softened NMRFs
IMF warns of AI adoption resulting in tiered supervision
Advanced economies more likely to use suptech, while EMEs may not be able to afford it
Lagarde: ECB should supervise non-banks to prevent rerun of 2008
Monetary policy would benefit from more holistic prudential approach, president says
Central banks must focus on comms – Bank of Finland panel
Institutions need to concentrate on anchoring inflation expectations, governors say
How staff exodus could leave the OCC high and dry
A third of staff set to depart US regulator, but some teams will suffer much heavier losses