SAFE Finance Blog

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

Large-scale household survey shows a constant picture with slight improvements after six months

Thomas Mosk: Policy makers should critically review their COVID-19 guarantee programs in order to avoid unintended side effects

In August, the European Commission adopted an EU Capital Markets pandemic recovery package and proposed amendments to the Benchmark Regulation while the European Banking Authority published guidelines on disclosures and reporting

Katja Langenbucher: The case of the insolvent fintech company gives reason to rethink existing regulation

SAFE Pandemic Policy Team: The EU deal on the Coronavirus recovery package fails to reanimate entrepreneurial spirits that are needed for a lasting economic upswing