Financial Stability
European auditors ask lawmakers for increased access to ECB documents
ECB has failed to provide sufficient information in three major audits, official body says
Individual bank diversification can increase systemic risk, researchers find
Banks that are not systemically important can be ‘systemic as a herd’, authors say
Islamic finance is for everyone, Malaysia’s Zahid says
Bank Negara Malaysia assistant governor stresses inclusiveness of Islamic finance but says SMEs are still not taking advantage
Ukrainian central bank plans major forex liberalisation
NBU says foreign currency reserves are highest since before revolution
ECB starts publishing statistics on secured euro money market
Data gathered using same methods used to measure unsecured segment of market
US equity prices affect consumer and business confidence, researcher finds
Results highlight risks to macroeconomy of recent equity slump
Fed’s Quarles outlines ‘building block approach’ to insurance regulation
Regulator chose not to copy and paste banking sector regulations onto insurers, says vice-chair
Mexico unveils measures to foster financial inclusion
Plan intends to promote digital payments, facilitate access to credit and deepen capital markets
EU must decide on how to oversee fintech regulation, ESAs say
Three supervisory authorities publish report on regulatory sandboxes and innovation hubs
Romanian central bank governor says bank tax law is ‘nonsense’
Mugur Isărescu attacks “incomprehensible bomb” in latest dispute with government
Former IMF chief blames Bank of Spain in Bankia case
Board followed central bank instructions in merger and failed IPO, says Rodrigo Rato
Yellen ‘greatly concerned’ over regulation reversals
Fed unveils proposal for relaxing stress test requirements
Vietnam continues with payment card upgrades
Banks must phase out magnetic strip cards by 2021
Ghana's central bank closes two banks and plans to recapitalise five more
Three banks to merge as financial sector reform effort continues
FCA opens temporary permissions regime application window
Firms have until March 28 to notify the UK regulator
Conventional models beat machine learning in predicting crises, paper finds
Bundesbank paper contrasts performance of logit approach to machine learning
Chinese central bank again seeks to boost lending to small businesses
PBoC doubles threshold for loans exempted under reserve-ratio requirements
Lower interest rates make risky investments more likely – BoE paper
Gains from gambling increase when rates are low, researcher argues
ECB appoints administrators to run Italian bank Carige
Resolution of troubled bank may face political difficulties
Low rates can encourage risk-taking – BoE paper
Author models the risk-taking channel of monetary policy alongside a “bankruptcy channel”
Diverging regulatory policies could spell trouble for banks, report says
Deloitte says there are obvious signs of regulatory divergence as regulators and supervise focus on national policies
RBI reverses course on restructuring of troubled loans
Decision goes against previous demands that banks cease policy of “extend and pretend”