Macro-prudential policy
IMF research discusses bank capitalisation as a signal
International Monetary Fund working paper discusses bank capitalisation levels as market signals and the role of supervisory authorities
BoE’s Tucker calls for international co-operation on bank resolution
Deputy governor of the Bank of England highlights challenges for policy-makers in setting up international resolution regimes and calls for cross-border vetting of resolution mechanisms
Bank of Lithuania names Rūta Rodzko director of economics and financial stability
Restructuring at Bank of Lithuania sees Rūta Rodzko appointed to lead new economics and financial stability service
Reserve Bank of New Zealand’s Spencer outlines macro-prudential initiatives
New Zealand central bank deputy governor outlines macro-prudential policy initiatives and says the reserve bank expects to take the lead on implementation
IMF research highlights benefits of dynamic loan-loss provisioning
International Monetary Fund working paper advocates dynamic approach to loan-loss provisioning to smooth costs over the credit cycle
King admits BoE should have done more to prevent banking crisis
Bank of England governor says central bank should have done more to prevent crisis despite its limited powers to act; says new resolution mechanism will not work for global banks
Dallas Fed chief calls for taxes on 'too-big-to-fail' financial institutions
Dallas Fed's Richard Fisher calls for more action on 'too-big-to-fail' entities; says new taxes should be introduced to encourage institutions to shrink balance sheets
Constâncio calls for euro-wide database of repo trades
European Central Bank vice-president calls for database of repo trades as part of new regulatory framework for shadow banking sector
Central Bank of Ireland governor wants 'intrusive' regulation
Patrick Honohan says regulatory system in Ireland is now ‘obtrusive and intrusive’ rather than 'light touch'
BoE’s Tucker sets out plan to tackle shadow banking
Paul Tucker lays out ‘possible policy agenda’ for tackling shadow banking; warns against limiting sector altogether
IMF research discusses 'sub-optimal' nature of non-independent central banks
International Monetary Fund working paper finds the independence of central banks is crucial to the delivery of socially optimum outcomes
Bundesbank research finds 'room for improvement' in Basel approach to tail risk
Deutsche Bundesbank discussion paper finds Basel model dealing with tail risk in the banking sector could be improved
Haldane says macro-prudential tools needed to prevent earnings 'arms race'
Bank of England's Andrew Haldane describes the tools macro-prudential policy makers need to prevent future crises; says banks engaged in a ROE and earnings ‘arms race’
IMF working paper finds dual-mandate central banks cannot meet social optimal level
International Monetary Fund working paper finds central banks that have both a price and financial stability mandate cannot achieve both to the social optimal level
ECB’s Financial Stability Report highlights need for cross-border co-operation on OTC derivatives supervision
Global nature of the OTC derivatives market and risks of regulatory arbitrage cited as reasons for need to adopt cross-border and cross-sector approach to regulation
BIS research finds greater data sharing needed to monitor systemic risk
Bank for International Settlements working paper says more data sharing is needed at individual bank level to better monitor systemic risk
Constâncio calls for 'co-operation' on data sharing by Eurosystem institutions
Vítor Constâncio says co-operation needed between Eurosystem institutions on data sharing; adequate security measures needed to safeguard interaction
G-30 report emphasises importance of qualitative aspects to supervision
Group of 30 working group on corporate governance says qualitative as well as quantitative measures are required to enhance governance
EBA chair wants flexible approach to macro-prudential regulation
Andrea Enria advocates flexible approach to macro-prudential regulation within the EU; says flexibility should not threaten the EU single market
Fed’s Tarullo sees early wins for dynamic capital supervision
Daniel Tarullo, a governor of the Federal Reserve, believes the introduction of new dynamic capital techniques in the US has improved regulation; says static rules have serious flaws
Czech central bank sheds 96 jobs despite need to meet wider remit
Czech National Bank reduces headcount to same level as 2006, despite taking on additional regulatory responsibilities
BoE publishes annual payments system oversight report
Bank of England's annual payments system oversight report reveals areas where further improvements are needed
Bernanke outlines shadow banking reform priorities
Fed chairman outlines regulatory steps taken so far in relation to shadow banking; says careful monitoring and supervision of the whole system are required
Central banks well placed to deliver on macro-prudential policy, says ECB’s Constâncio
ECB vice-president outlines macro-prudential roles for European central banks