By Financial Stability Board The Financial Stability Board released a progress report that describes progress over the past year and planned work by the Board, as well as by standard-setting bodies (SSBs) and other international organisations, to enhance the resilience of non-bank financial intermediation (NBFI) under the FSB’s NBFI work programme. The report addresses factors[…]
By Financial Stability Board New shocks may expose a number of current vulnerabilities while a number of vulnerabilities associated with structural changes are emerging. This annual report provides an overview of the FSB’s work to tackle a number of current and emerging vulnerabilities. The report also emphasises that, in the face of the current challenges[…]
By BIS The BIS Quarterly Review examines developments in international banking and financial markets. Published in March, June, September and December, it comprises a review of market developments over the past quarter, and special features that analyse topical economic and financial issues. This quarters review show the Triennial Survey results which uncover shifts in trading activity in[…]
By Nicholas Apergis, Ahmet F. Aysan, and Yassine Bakkar To avoid excessively high interest rates, with their impact on financial stability, some central banks desire to use more macroprudential policies in their policy formulations. Nicholas Apergis, Ahmet F. Aysan, and Yassine Bakkar analyse lender-targeted macroprudential policy instruments and borrower-targeted ones and describe their effects during economic upturns[…]
By The World Bank Over a decade has passed since the onset of the largest global economic crisis since the Great Depression. The crisis revealed major shortcomings in market discipline, regulation, and supervision. The Global Financial Development Report 2019/2020 provides new data and evidence on the regulatory remedies adopted to prevent future financial instability and[…]
By European Central Bank Risks to financial stability in the euro area have increased amid soaring energy prices, elevated inflation and low economic growth, the November 2022 Financial Stability Review published today by the European Central Bank (ECB) shows. At the same time, financial conditions have tightened as central banks act to rein in inflation.[…]
By European Central Bank The European Central Bank (ECB) today published the results of its thematic review, which shows that banks are still far from adequately managing climate and environmental risks. The ECB is now setting staggered deadlines for banks to progressively meet all the supervisory expectations it laid out in its Guide on climate-related[…]
By Ralph De Haas and Çağatay Bircan After years of rising indebtedness and the Covid-19 pandemic, financially weak firms are constraining business dynamism across emerging Europe. This fourth in series of five columns looks at zombie lending and its economic implications. Zombie lending – the evergreening of cheap loans to unviable firms – turns out[…]
By Naoto Takemoto, Simon Jurkatis, and Nicholas Vause In less than two decades, the system of market-based finance (MBF) – which involves mainly non-bank financial institutions (NBFIs) providing credit to the economy through bonds rather than loans – has both mitigated and amplified the economic effects of financial crises. It mitigated effects after the global[…]
By Bassel Committee The Basel Committee provides additional information regarding the 2022 G-SIB assessment. Further details of the assessment include global denominators and individual bank indicators.The release accompanies the Financial Stability Board’s updated G-SIB list. These additional details will help understand the scoring methodology which assesses the systemic importance of global banks using indicators calculated[…]