Financial Stability
Poloz weighs dangers of Canada’s C$2 trillion debt pile
Some households are vulnerable, Bank of Canada governor says
Islamic finance can tackle global instability – Kuwait’s Al-Hashel
Amid “excessive” risk-taking, Mohammad Al-Hashel suggests Islamic finance could help restore stability
UK takes next steps in payments shake-up
Two of the three retail payment systems have been taken over by the New Payment System Operator, with the third to be integrated soon; first non-bank PSP connects to BoE’s RTGS
US will implement trading book reforms, insists Fed official
“I don’t know why people doubt” US adoption, says Lynch
ECB calls for reforms to macro-prudential framework
“Pecking order” for activating responses should go, ECB says; framework needs “comprehensive review"
European Union’s AML regime is reaching its limits, EBA director says
Haben raises concerns over ‘passported’ individuals and firms; new European law guarantees access to central bank registers
Asset managers should be allowed to operate globally – Bailey
FCA chief warns against attempts to restrict trade in financial services, and says he believes regulators have a good basis for “mutual recognition” of standards
Russian central bank bails out another commercial lender
Asian-Pacific Bank is “socially important” in Siberia and Far East, Bank of Russia says
Carney and Draghi to tackle Brexit risks in new group
EU and UK authorities ask central bankers to manage risks to financial services
Short-selling behaviour can cause financial instability – Sarb report
Short-selling of Capitec Bank stock could have caused financial instability, Sarb says, but quick action stemmed crisis
Andreas Dombret on ECB policy, deposit insurance and Basel III
The Deutsche Bundesbank executive board member speaks about exiting QE, the viability of European deposit insurance, the German banking system and doing a deal on Basel III
CFTC chairman expects to resolve EU-US CCP spat
Giancarlo lauds relationship with EU’s Dombrovskis
BoE’s Brazier says investment risks are hidden in “plain sight”
Investors are ignoring “moonwalking bears” and are taking on risks for less compensation as they struggle to obtain higher returns
Basel’s Coen warns on complexity of market risk rules
Regulators may consider “simpler and more robust” approaches when finalising rules this year
FCA’s Bailey calls for unity on post-Brexit regulation
Chief executive calls on EU authorities to co-operate with counterparts in the UK
Bank of Ghana looks for ‘smooth’ transition to higher capital requirements
Central bank more than triples capital requirements for all banks to $90 million, and asks banks to comply by the end of the year
‘Regulatory equivalence’ not enough for post-Brexit UK CCPs – Cœuré
ECB official says work on cross-border CCP resolution needs to accelerate
De Galhau: EU needs to stress test non-bank liquidity
Banque de France will examine risk of pension schemes redeeming fund assets, says governor
Curbs on interest-only loans have cut risks – RBA’s Kent
Regulatory actions have helped reduce risks in what had been a fast-growing sector