Mark Carney

Regulators to ‘Vigilantly’ Monitor Crypto-assets
Risk Management

Regulators to ‘Vigilantly’ Monitor Crypto-assets

The Financial Stability Board has developed metrics for monitoring crypto-assets to identify any emerging risks to stability.
By Matthew Heller | July 17, 2018
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Financial Task Force Targets Climate Risk
Risk Management

Financial Task Force Targets Climate Risk

Recommendations of a Financial Stability Board task force on climate-related financial disclosures are aimed at companies' risk management functions.
By Dylan Tanner | November 21, 2017
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Bank of England Cuts Interest Rate to 0.25%
The Economy

Bank of England Cuts Interest Rate to 0.25%

The rate cut is part of an "unexpectedly large" package of measures aimed at stimulating the U.K. economy in the wake of the Brexit vote.
By Matthew Heller | August 5, 2016
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Brexit Could Put A Serious Dent In Global Economy
The Economy

Brexit Could Put A Serious Dent In Global Economy

The Bank of England expects the exchange rate of sterling to fall further, 'perhaps sharply,' if Britain votes to leave the EU.
By Katie Kuehner-Hebert | June 16, 2016
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U.K. Lenders Must Issue $41B in New Debt
Risk & Compliance

U.K. Lenders Must Issue $41B in New Debt

The additional debt will go toward the financial cushion that banks must have to comply with new EU regulations.
By Katie Kuehner-Hebert | December 11, 2015
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Banks Facing $1.2T Deficit Under Stability Plan
Risk & Compliance

Banks Facing $1.2T Deficit Under Stability Plan

A top regulator says the new rules are a "robust standard" that allows "systemically important" banks to fail without putting taxpayer funds at risk.
By Katie Kuehner-Hebert | November 9, 2015
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Global Bank Regulator Calls for Larger Capital Cushions
Risk & Compliance

Global Bank Regulator Calls for Larger Capital Cushions

The Financial Stability Board wants systemically important banks to hold capital equal to as much as 20% of risk-weighted assets.
By Matthew Heller | November 10, 2014
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Regulators Exclude Bank Debt from Loss-Absorbing Capital
Risk Management

Regulators Exclude Bank Debt from Loss-Absorbing Capital

The Financial Stability Board will propose forcing banks to subtract holdings of each other's debt when calculating their loss-absorbing capacity.
By Matthew Heller | September 26, 2014
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Inflation and Interest rates: Up, Up and Away
Strategy

Inflation and Interest rates: Up, Up and Away

Higher inflation may be needed to leave extra-low interest rates behind.
By Economist Staff | March 28, 2014
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