Regulation
‘Do bank supervisors wear too many hats?’ asks BIS paper
Many countries require array of mandates beyond “safety and soundness”, authors say
IMF staff suggest changes to Paraguyan supervision
Report calls for new pension fund supervisor and better supervision of non-banks
SEC task force to enforce green and ESG rules
US regulator says task force aims to “proactively address” disclosure gaps
Bank of Spain paper analyses regulations’ complexity
Researchers present new method for assessing regulations’ structural and linguistic complexity
BoE unveils plan to ‘transform’ data collection
Decade-long effort to overhaul data standards and methods of reporting
US regulators issue emergency guidance on Texas storms
Joint statement addresses disruptions caused by last week’s snowfall
Fed extends reach of netting rule
Amendment extends regulation’s scope to BIS and foreign central banks
Brainard sets out Fed’s approach to climate risk
Fed board member sets out agenda similar to that of other major central banks
New Nicaragua law may isolate local banks
Law could require domestic banks to maintain accounts of people under sanctions
Book notes: Asset management at central banks and monetary authorities, edited by Jacob Bjorheim
This excellent book fills a critical gap existing since IMF guidelines on asset management were revised
Fed’s Bowman discusses changes to antitrust law
Board member wants competition policy to take better account of smaller banks
Green finance: new initiatives in China, Europe and Americas
Eurosystem adopts common investment principles; China pushes climate modelling; and more
Fed’s 2021 stress test includes major asset price shock
CCAR will evaluate 19 largest banks; scenario includes 55% fall in equity prices
RBI launches fresh bid to reform co-operative banks
Former deputy brought in to investigate measures to strengthen the troubled sector
The changing data landscape: Part 2
Central Banking speaks to Philip Abradu-Otoo, Juan José Ospina and Howard Chang about whether there is a need to change underlying infrastructure to bolster data-driven policy-making
CCP open access will be ‘integral’ part of Mifid review
EC official says politicians will need to decide whether to further delay open access
One-size-fits-all regulation won’t meet fintech challenge – FSI paper
Banks and big tech require specific approaches to ensure system stability, says Fernando Restoy
IMF grants Tonga $10 million emergency loan
Fund’s Article IV report expresses concern about banking sector; predicts GDP contraction
Central Bank of the UAE prepares to gain insurance powers
Insurance Authority is being merged into CBUAE as part of bid to become “top 10” central bank
Ulrich Bindseil on the launch of the digital euro
The ECB’s director-general for market infrastructure and payments speaks about the functionality, tiering approaches, privacy policies, ledger technology and ecosystem impact of the eurozone's planned CBDC
Carstens calls for ‘comprehensive’ oversight of big tech
BIS chief highlights “data-network-activities loop” driving big tech growth
PBoC proposes tough antitrust rules for payments giants
Draft rules would give PBoC powers to recommend splitting up large payments firms
BoE reassures foreign banks on post-Brexit booking models
EU banks that lost passporting rights after Brexit are unlikely to have to establish UK subsidiaries
FCA court victory gives clarity to SMEs over Covid disruption
Court ruling will see a larger number of businesses receive payouts from their insurers