Reviewing financial regulation or supervision of financial institutions that is aimed at maintaining the stability and integrity of the financial system
The banking system sits at the centre of the economy. Michael Barr stresses that banks’ risk-taking must always be guided by clear guardrails, underpinned by effective banking supervision
The case for strong, effective banking supervision Read More »
Artificial intelligence could be revolutionary. Michael Barr discusses the opportunities presented by AI relevant for central bankers as well as the potential risks AI may pose that policymakers should consider
Artificial intelligence and central banking Read More »
Stablecoins have emerged as a major innovation with broad implications for payments and international finance. Richard Portes explores the risks such stablecoins pose to financial stability and measures that could contain these risks
Multi-issuer stablecoins: a threat to financial stability Read More »
Sasha Mills discusses how new ideas and technologies are driving innovation and reshaping the financial system, highlighting the BoE’s support for responsible innovation by start-ups and established firms and how regulation is evolving in step with technology
From new ideas to new market structures Read More »
We are witnessing a new frontier of innovation in payments and the broader financial system. Christopher Waller says regulators ought to welcome the ways new technologies can benefit financial firms and consumers
The next frontier of payments innovation Read More »
Stress testing is vital for supervising the safety and soundness of the largest banks and preserving the stability of the financial system. Michael Barr has concerns over changes to the stress test system being considered by the Fed
Preserving the dynamism and credibility of stress testing Read More »
Rule of law is not the enemy of autonomy; it is its foundation. Christine Lagarde says the EU can pursue its policy choices because they are framed by legal commitments that others recognise and respect
Building European autonomy: cooperation and the rule of law Read More »
The US administration’s approach to financial markets mixes deregulatory policies with a range of other policies that are largely without precedent. Gary Gensler, Lev Menand and Joshua Younger catalogue the relevant policy shifts and consider how these shifts may impact financial stability, capital markets, and the global dollar system
The financial sector and global dollar system Read More »
There is a growing push for the European Commission to weaken merger control. Natalia Fabra, Massimo Motta and Martin Peitz argue for a strengthening of the guidelines and offer suggestions to guide the process
Updating the EU Merger Guidelines Read More »
Periods of deregulatory zeal preceded all three of the most infamous financial meltdowns over the past century. Michael Barr sounds the alarm about the potential impact of Washington’s push to massively deregulate America’s financial sector
Booms and busts and the regulatory cycle Read More »
