FSB issues its 5th annual report

The Financial Stability Board (FSB) issues its fifth annual report, that provides an update on the key activities of the FSB and its audited annual financial statements for the 12-month period ended 31 March 2018. The report provides an update on the FSB’s work... more »

ECB: Euro area financial stability environment has become more challenging

The latest Financial Stability Review  of the European Central Bank (ECB) says that the euro area financial stability environment has become more challenging since May. Among the major concerns, the following has been... more »

FSB: Implementation and Effects of the G20 Financial Regulatory Reforms: Fourth Annual Report

The FSB today published its fourth annual report on the implementation and effects of the G20 financial regulatory reforms. Ten years after the crisis, the report highlights the progress made in the reform... more »

EBA: final draft technical standards on the specification of an economic downturn

The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) specifying the nature, severity and duration of an economic downturn. These RTS complete the EBA's regulatory... more »

ECB: Monetary policy and climate change

Benoît Cœuré, Member of the Executive Board of the ECB spoke of the connection between monetary policy and climate changes at the conference on “Scaling up Green Finance: The Role of Central Banks”, organised by the Network for Greening the Financial... more »

ECB: sovereign market stress beyond credit spreads

The European Central Bank (ECB) recently issued a working paper which attempts to construct a measure of stress for European sovereign bond markets detaches itself from the use of sovereign bond spreads. Quantifying stress in sovereign... more »

ECB: Interest rate spreads and forward guidance

The European Central Bank (ECB) published a research paper aimed at assessing the effects of forward guidance – the communication of central banks about the likely future course of their monetary policy stance – on the conduct of monetary... more »

ECB: Economic policymaking and population ageing

The “la Caixa” Chair for Economics and Society conference held in Madrid on October 17 was an occasion for Peter Praet, Member of the Executive Board of the European Central Bank (ECB), to discuss the consequences of population ageing for... more »

Eurogroup countries discusses national automatic stabilisers

As part of its thematic discussions on growth and jobs, the Eurogroup of 1 October will discuss the role of national 'automatic stabilisers' within the economic and monetary union. Public finances play an automatic stabilising role... more »

EU Court of Justice validates the BCE purchase program on secondary markets

By decision of 4 March 2015, the European Central Bank (ECB) put in place a secondary markets public sector asset purchase programme (‘PSPP’). The PSPP is one of the four sub-programmes of the Expanded Asset... more »