All posts tagged "Financial Stability"
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35Asia-PacificUS, EU Policy Normalisation Presents Risks for Asia: BIS
While Asian emerging markets are better placed to withstand tightening global financial conditions, there are lingering causes for concern, says Agustín Carstens.
October 25, 2021 -
102Market InfrastructureUS Regulators Publishes Guidance on ‘Orderly’ LIBOR Transition
A draw on an existing agreement that is legally enforceable, such as a committed credit facility, would not be viewed as a new contract.
October 22, 2021 -
95Australia & NZRBNZ Reviews Policy for Branches of Overseas Banks
The RBNZ says there are inherent limitations on its ability to apply its regulatory standards to all branches and to supervise them effectively.
October 21, 2021 -
167EnforcementCFTC Fines Tether as US Regulators Scrutinise Crypto Markets
The CFTC has fined Tether $41mn and Bitfinex's parent $1.5mn. Meanwhile New York prosecutors have directed two crypto lending platforms to cease operations.
October 21, 2021 -
134InternationalFSB Seek Global Harmonisation in Cyber Incident Reporting
The FSB will promote convergence in cyber incident reporting by developing best practices, defining information to be shared, and creating common terminologies.
October 20, 2021 -
198Big PictureCrypto Asset Regulation “A Matter Of Urgency”, says BOE
Deputy governor Jon Cunliffe says a “plausible scenario” involving a collapse in crypto-asset prices would have financial stability implications.
October 19, 2021 -
249Fintech / RegtechG7 Ministers Endorse Public Policy Principles for Retail CBDC
Any CBDC must support, and ‘do no harm’ to, the ability of central banks to fulfil their mandates for monetary and financial stability.
October 15, 2021 -
128Australia & NZ
RBNZ Consults on Approach to Enforcement Decision-making
A new consultation paper seeks feedback on the principles and criteria which will guide the RBNZ's enforcement decision-making process moving forward.
October 14, 2021 -
206Big Picture
Data Gaps Initiative to Extend Past 2021: FSB, IMF
A new international cooperation initiative on data gaps will be needed after the DGI concludes. Some phase 2 recommendations may not yet be complete by year-end.
October 8, 2021 -
191Australia & NZAPRA Unveils Initial Measures to Contain High Risk Lending
Banks should operate with a mortgage serviceability buffer of at least 3 percentage points over the loan interest rate, and control lending at high debt-to-income ratios.
October 7, 2021
