Financial Stability
US company debt and euro public debt are global financial risks – IMF
China’s non-bank financial firms are also a major vulnerability, fund says
UK opposition sees greater role for BoE in fighting climate change
John McDonnell says BoE can do more to drive investment in productive, green sectors
European banks must change culture – EBA head
Business areas are most in need of change, and boards need better information, Enria says
Carney voices concern over ‘hard Brexit’ tariffs
BoE governor appears to differ with leading candidate to lead UK government
Boston Fed’s Rosengren warns about Japanese banks’ loan holdings
Exposure to CLOs now above Common Equity Tier 1 in one of Japan’s largest banks, data shows
Bundesbank paper presents new model of banks’ risk-taking
Traditional models make error in assuming that banks choose fixed-size portfolios, authors argue
Fed eases regulatory burden for small US banks
Rule change introduces streamlined reports for banks with assets of $1 billion to $5 billion
‘Green bonds’ are helping firms clean up their act – NBER paper
But bonds only have a significant impact if they are independently certified, researcher finds
Ukrainian court bars central bank deputy governor from carrying out duties
Central bank says court ruling breaks law, as legal battle over nationalised lender continues
BoE’s Kashyap warns banks vulnerable to state-sponsored cyber attacks
FPC member says he is not sure banks are capable of defending themselves
Fischer warns Trump could sabotage Fed crisis response
Fed independence under “unprecedented” threat and second Trump term would harm US – Fischer
BoE finds weaknesses in small bank risk controls
Senior regulator says challenger banks are “overly optimistic” in risk modelling
PBoC extends liquidity to smaller firms after Baoshang takeover
Chinese securities watchdog also urges big brokerages to provide liquidity support to smaller securities firms and funds
Latvian state changes top regulators over AML
Law had to be passed to meet international concern over money-laundering, prime minister says
High-frequency trading can harm market liquidity – ECB paper
Researcher finds increased competition can lead to rise in speculative strategies
Fed pushes big banks to tally CVA for central counterparties
Banks told to quantify exposure to CCPs for annual stress tests
IMF says South Sudan must rein in monetary financing
Central bank will have IMF support in resisting pressure to increase lending as crisis worsens
Riksbank needs 24/7 instant payments platform – deputy governor
Ever higher use of electronic payments demands better infrastructure to guarantee safety, says Martin Flodén
Fed banks collaborate on economic education
“We have a ‘power-in-numbers’ approach,” says officer at the San Francisco Fed
RBI waives RTGS fees in bid to boost digital payments
Banks expected to pass the cost savings on to their customers
Sarb develops methodology to find ‘systemically important’ banks
South Africa’s central bank bases analysis on BCBS research