Systemic importance
FSB’s G-Sib list increases by one
One joins the list and one major bank drops to a lower bucket
BoE’s Tenreyro comes to the defence of flexible exchange rates
Policy-maker challenges conventional wisdom in several areas of economics
BoE FPC: Markets may ‘jump to illiquidity’ if stressed
Debt and “structural illiquidity” could amplify global shocks, warns committee
Fed floats new stress test reforms after industry pressure
Previous proposal drew criticism from major global banks
Canadian collateral can withstand crisis-level systemic risk – BoC paper
Trading by bank customers could be a potential indicator of future crisis, researcher says
US bank supervisor creates new division for largest banks
New FDIC division offers simplified structure that fosters greater collaboration, chairman says
BIS says theory behind EME policy must catch up with ‘reality’
Situation is similar to the adoption of inflation targeting in the early 1990s, says BIS annual report
RBI: bank balance sheets appear to be on the mend
Turbulence of 2018 may have forced non-bank finance firms to face up to risks, says central bank
Fed proposes expanding netting protection eligibility
Move reflects changes to industry landscape since the 2008 financial crisis
Central banks urged to take four key climate actions
Network for Greening the Financial System releases its first comprehensive report
Quarles: FSB to examine too-big-to-fail reforms
Organisation must improve transparency, says chairman Randal Quarles
Establishing the Fed worsened the Great Depression – St Louis Fed paper
Setting up lender of last resort reduced banks’ incentive to manage risk, paper argues
Bank of Israel to form financial stability committee
Central bank governor will chair committee aimed at co-ordinating regulators
Chinese authorities toughen rules on systemic firms
PBoC expands definition of systemically important firms and gains new powers
FSB unveils latest G-Sib list
One bank joins and two drop off the 2018 tally
IMF reports growing global financial risks
Supervisors must remain vigilant on risks developing in new areas, IMF says
Auditors find ‘flaws’ in ECB’s crisis management framework
ECB must improve co-ordination with SRB and national supervisors – report
Russia raises capital ratios, launches fintech consultations
Systemically important banks must increase capital ratios; smaller banks can choose “basic” or “universal” licences
Policymakers need wider range of systemic risk models – paper
Researchers attempt to combine systemic importance and systemic risk approaches
Yellen defends contentious FSOC decision on AIG
Top regulators narrowly vote to remove AIG’s designation as systemic, exposing sharply contradicting views on the Financial Stability Oversight Committee
Q&A: Asia’s caught in the Basel crossfire – Andrew Sheng
Veteran regulator says international standards may be the wrong medicine for emerging markets
Emergency liquidity fund set up for stressed Russian banks
Move follows the Bank of Russia taking effective control of a systemically important lender
Russian central bank acts to save systemically important bank
Bank of Russia appoints administrators to country’s eighth-largest commercial bank
FSB updates systemic institutions list
Citigroup and HSBC swap places at the top of the rankings; ECB's “significant” banks list now at 127