Reviewing financial regulation or supervision of financial institutions that is aimed at maintaining the stability and integrity of the financial system
Many public institutions are now experimenting with AI tools to support surveillance, supervision, and policy analysis. Paola Ganum and Tohid Atashbar show that today’s LLMs perform well on structured, factual tasks but remain less reliable on nuanced rating questions, where human judgement still matters
Macrofinance meets AI: evaluating alignment between LLMs and economists Read More »
European banking remains fragmented, leaving billions of euros inefficiently allocated. Gyöngyi Lóránth, Anatoli Segura and Jing Zeng argue that a common deposit insurance system can encourage more risk-taking, but this should be accompanied by sufficiently strict supervision
Achieving a European Banking Union without increasing risks Read More »
The financial system is constantly evolving, and the regulatory and supervisory framework must keep pace. Michelle Bowman discusses the work of the US and urges global financial watchdogs to be flexible
Modernizing financial regulation Read More »
EU banking rules are under pressure for simplification. Jesper Berg and Hans Geeroms argue that reforms should cut complexity without weakening financial safeguards
Reforming EU banking regulations Read More »
Sam Woods reflects on the nature of banking supervision. Taking stock of how supervision has evolved in the UK and internationally, he considers what the role of a supervisor is and how it might evolve in future
The development of clinical supervision Read More »
The dramatic developments unfolding globally, spanning wars, geopolitical shifts, and trade disruptions, have caught Europe off balance. Marco Buti, Giancarlo Corsetti and Anna Peychev discuss the 2026 Florence Report and urge the EU to replace its broken ‘reduced responsibility model’ with a New European Social Contract integrating defence, finance, and the supply of public goods
Reconfiguring Europe in a fractured global economy Read More »
Christopher Waller emphasises the need for the Federal Reserve to modernise its operations to adapt to a changing world. This includes reducing costs, effectively managing risk, and delivering value to the American taxpayer
Modernizing Federal Reserve operations in the 21st century Read More »
Uuriintuya Batsaikhan discusses the outline plan to reduce stigma associated with short-term borrowing from the Federal Reserve, and argues that the reform package may be doing banks too many favours, and risks amplifying liquidity risk, potentially threatening more bank failures
Can US banks have it all? Liquidity in times of ample reserves Read More »
The US is planning a revision of rules on bank liquidity. Scott Bessent argues that the existing rules are ineffective and impede lending, and that the US is on the cusp of a fundamental reset in how its financial system is regulated
A reset on liquidity regulation Read More »
Capital requirements form the foundation of the regulatory framework. Michelle Bowman details her comprehensive review and what is next for bank capital requirements and Basel III
Capital rules for the real economy Read More »
