Financial Stability
Mobile phones boost financial inclusivity in Cambodia – paper
Phone users more likely to open financial accounts and invest using microcredit
Researchers find trade-off between financial sector development and inequality
Financial sector development negatively impacts inequality, BIS paper says
Deposit insurance coverage up ‘substantially’ – IADI survey
Basel-based group finds deposit insurance is widespread and increasingly generous to depositors
PRA using AI to understand connectivity of rulebook
UK regulator is using Google search engine algorithm to see if rulebook can be streamlined, says BoE’s Proudman
Information can substitute for collateral, BoE paper finds
Strong lending relationships can insulate a firm during booms and busts
FSB unveils latest G-Sib list
One bank joins and two drop off the 2018 tally
Research project weighs bold plans for cross-border payments
One possibility is to create a single global central bank digital currency
‘Big tech’ finance raises fundamental questions – BdF deputy governor
Risks from cloud computing not being addressed by supervisors, Denis Beau warns
EU stress tests should follow US example – EBA chairman
Enria says EU process is too slow and opaque compared to US approach
Atlanta Fed launches new rental market data tool
The affordability tracker sheds a new light on how many households in the region are struggling to find affordable housing
Brainard: Fed keeping open mind on AI regulation
Some rules already apply to AI tools, but Fed “still learning” about AI’s impact
Fed plans further cuts to regulation for community banks – Quarles
Further regulatory easing announced alongside greater stress test transparency plans
Balance sheet adjustments needed to combat climate change, says Finland’s Rehn
Finnish governor urges central banks to do more around the issue, including gathering more data to better forecast risk
ECB prepares to supervise largest Bulgarian banks
Move comes as Bulgarian government attempts to join single currency
UAE central bank cuts cap on housing loans
Government carries out major increase in public spending
Podcast series: central banking in the post-crisis world
In a new series, Central Banking speaks to Yale’s Andrew Metrick about how the discipline has changed over the past decade
Dominican governor highlights central bank role in economic turnaround
The country is now one of the fastest growing economies in Latin America
US banking system responding well to post-crisis reforms, says Fed
Banking system shows healthy rebound despite supervision uncovering weaknesses, the Fed reports
China’s rebalancing on hold as growth falters – IMF paper
Rebalancing is expected to continue in 2019, but income inequality and leverage could prove an issue
Household debt is main risk for New Zealand – RBNZ’s Bascand
Deputy also notes country is more reliant than most on overseas funding