They study the effects of monetary shocks in a model of state-dependent price and wage adjustment based on “control costs”… https://www.ecb.europa.eu//pub/pdf/scpwps/ecb.wp2272~38362298bc.en.pdf
The European Banking Authority (EBA) has updated its online Interactive Single Rulebook and Q&A tool with the inclusion of the Mortgage Credit Directive (MCD)… https://eba.europa.eu/regulation-and-policy/single-rulebook/interactive-single-rulebook
The Bank of Korea and the Bank for International Settlements (BIS) co-hosted a conference on “Asia-Pacific fixed income markets: evolving structure, participation and pricing“… https://www.bis.org/publ/bppdf/bispap102.pdf
Bitcoin’s price extended its recent gains today by spiking above $5,500 for the first time in over five months…
The EBA has closed its formal investigation into a possible breach of Union law by the Estonian Financial Services Authority (Finantsinspektsioon) and the Danish Financial Services Authority (Finanstilsynet)… https://eba.europa.eu/-/eba-closes-investigation-into-possible-breach-of-union-law-by-the-danish-and-estonian-supervisory-authorities
On 11 April 2019, the European Insurance and Occupational Pensions Authority (EIOPA) hosted its Fourth InsurTech Roundtable on “the use of cloud computing by (re)insurance undertakings”… https://eiopa.europa.eu/Pages/News/EIOPA-held-Furth-InsurTech-Roundtable-on-“The-use-of-cloud-computing-by-(re)insurance-undertakings”-.aspx
Global cross-border bank claims continued to expand at an annual pace of 1%. They rose by $134 billion during Q4 2018, to stand at $29 trillion at end-2018… https://www.bis.org/statistics/rppb1904.pdf
In November 2018, the International Association of Insurance Supervisors (IAIS) published for consultation a holistic framework for the mitigation of systemic risk in the insurance sector… https://www.ivass.it/media/interviste/documenti/interventi/2019/04-01-ac-eurofi/CORINTI_EUROFI_MAGAZINE_BUCHAREST.pdf
Regarding the need for legislative improvements, in developing the Joint Advice the ESAs’ objective was that every relevant entity should be subject to clear general requirements on governance of ICT, including cybersecurity, to ensure the safe provision of regulated services… https://www.esma.europa.eu/press-news/esma-news/esas-publish-joint-advice-information-and-communication-technology-risk
Our part is to support early-stage projects that are helping to create the building blocks and infrastructure for larger utility and enabling growth in the blockchain market…