Trust is a key determinant of interbank activity, says ECB paper

The level of trust is a key driver of activity in the interbank market along with the stability of the country’s banking sector, its counterparties and its history of managing banking crises and failures, according to a working paper by the ECB.

Banks put financial system at risk by not doing enough on climate change

Banks are putting themselves and the financial system at substantial risk by not being properly prepared for climate change-related rules, carbon taxes and the impact on their loan portfolios. 

Flood of corporate bond issuance threatens investor returns

Floods of new corporate bonds coupled with very low interest rates represents a growing risk to investors in some of the world’s largest bond funds, according to asset manager GMO.  

DSB consolidating its consultation process

The Derivatives Service Bureau (DSB) has brought forward its annual date for publishing its fees and is to consolidate its consultations into a single in-depth exercise. 


Public-private partnerships best for digitising fiat currencies

Digital currencies are rapidly proliferating putting pressure on central banks to follow suit with fiat currencies. This would be best achieved by working with the private sector

Margarete McGrath

Firms must boost operational resilience in the face of growing cyberthreats

Building strong and adaptive businesses during rapid and unpredictable technological and economic change is an essential objective, one made more urgent by the growing threats in cyberspace. 

BIS expands membership with three new central banks

The Bank for International Settlements (BIS) is broadening its emerging market membership by inviting the central banks of Kuwait, Morocco and Vietnam to join. 

Shadow banks' pace of growth slows substantially

Under a narrow measure, shadow banks grew their assets by 1.7% to $50tn last year, significantly slower than the 2012-17 average annual growth rate of 8.5%, said the Financial Stability Board (FSB). 

Rupert Brown

Regulatory breaches: making the case for the defence

The ever growing volumes of regulation means there are more ways than ever for firms to get caught out. One way to mitigate the fall out from regulatory breaches is to carefully document how firms make their decisions

Daniel Csefalvay

Selecting the optimum regulatory regime for blockchain

Blockchain has emerged as an exciting new technology that could shake up many aspects of financial services and in the process has attracted the attention of supervisors looking to encourage it while containing any risks with each taking its own approach