SAFE Finance Blog

Ignazio Angeloni: The banking union faces regulatory obstacles to its completion – nonetheless there are ways to move the pan-European project forward

Amended framework for securitizations of non-performing loans, proposed adjustments for central counterparties following Brexit, and new guidance on climate-related and environmental risks

Ignazio Angeloni: The European Central Bank must deliver but not send the wrong signals. Overly ambitious inflation targets must be reconsidered, as must hardened strategies in monetary policy

Google searches and trading: The effect of sentiment on individual investment decisions

Ignazio Angeloni: Digital currencies put central banks to the test in their essential function

Revised rules for global systemically important institutions, proposed adjustments for covered bond issuers, and a new guidance on CCP resolution

Ignazio Angeloni: Making America’s economy “great again” will require hard work – and a bit of luck

Jan Krahnen: The ban on dividend payouts by the Eurozone’s supervisory authority is a discretionary action that clouds market expectations with regard to the equity of credit institutions

New rules to strengthen market abuse legislation, proposed adjustments to the Benchmarks Regulation to tackle the LIBOR phase-out, and a new Capital Markets Union Action Plan

Otmar Issing: Central banks should think long and hard before they consider emulating the Fed, for four technical and political reasons.

Kevin Bauer: Besides great potential, the use of algorithms for automated decision making also bears risks that can lead to a loss of social welfare

Extended implementation deadlines to mitigate the impact of the COVID-19 crisis, new rules for central counterparty colleges, and FSB evaluation of "too big to fail" reforms for systemically important banks