Systemic risk
BIS’s Caruana warns macroprudential policies may have unintended consequences
Bank for International Settlements general manager Jaime Caruana says macroprudential policies alone do not guarantee protection from systemic risks
National Bank of Belgium - Financial Stability Review (2010)
National Bank of Belgium's financial stability review outlines shortcomings of government law passed on banking recovery measures
UK Banking Commission proposes adoption of Volcker Rule
Report on banking reform proposes that modified version of Volcker rule be adopted
Cyprus’s Orphanides calls for more attention to macroprudential regulation
Central Bank of Cyprus study into lessons from crisis says greater need for both micro and macroprudential regulation
Richmond Fed – Annual Report 2009
Richmond Federal Reserve study on systemic risk finds that policy interventions may harm market incentives if implemented during a crisis
Norges Bank: Financial Stability Report
Norges Bank’s bi-annual Financial Stability Report shows a positive outlook for the Norwegian economy despite instability in Europe
Capital ratio hikes 'not appropriate' for South Africa
South African Reserve Bank says lenders already hold more than necessary and further hikes will only hit profits; deputy governor Guma flags work on macroprudential framework
CEPR: small banks pay big premium during credit crunch
Centre of Economic Policy Research study into bank lending finds small firms’ access to liquidity is affected more than larger firms by adverse credit conditions
Caruana: integration essential to global framework
Bank for International Settlements general manager Jamie Caruana draws on importance of financial integration in forming new global framework for financial system
Fed's Tarullo sceptical over contingent capital
Federal Reserve's Daniel Tarullo highlights drawbacks of contingent capital forming part of new regulatory framework
Bair: FDIC-style bailout needed for very large banks
Chairwoman of the FDIC Sheila Bair outlines resolution regime for the biggest firms
Greenspan deflects blame during heated testimony
Former Federal Reserve chairman Alan Greenspan defends record but accepts some criticism
IMF: Bolivia foreign reserves adequate
Research charts developments since 2005
Norges Bank director pushes for better pricing of risk
Norges Bank director Arlid Lund discusses how to prevent the next crisis and where the risks lie
Central banks should oversee systemic risk
CentralBanking.com poll shows majority of respondents think central banks together with government bodies should be responsible for monitoring systemic risk
Bernanke: too-big-to-fail problem “unconscionable”
Fed chairman Ben Bernanke calls for a revision of regulation on firms, which are “too big to fail”
Greenspan slams systemic risk watchers
Former Fed chairman Alan Greenspan says systemic risk oversight bodies will not catch anything regulators have already missed, calls for contingent capital instead
Top-level Swiss committee to fix "too big to fail"
Liquidity and "too big to fail" will dominate agenda for Steering Committee bridging central bank and regulator’s boards, says FINMA’s Zuberbühler
Fed chiefs unite in bid to keep wider bank supervision
Current Fed chairman Ben Bernanke and former head Paul Volcker say taking all but the biggest banks away from the central bank would be a mistake
Iceland trims rates on króna strength
Central Bank of Iceland cuts to 9% despite fears over Icesave dispute
Fed: safety net is too big
Richmond Federal Reserve research flags dramatic expansion of safety net
RBA justifies March rate hike
Signs of revival in economic activity convinced board members to hike rates by a quarter point
Washington makes play to name NY Fed chief
Senate banking committee’s reform bill calls for greater accountability in Liberty Street, pares Fed’s supervisory role to large banks alone
Ireland’s Elderfield: Consumer comes first
Matthew Elderfield discusses the lessons learnt from the financial crisis, and how new regulations will place the consumer interests before the banks