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  • SRB proposes to be ‘flexible’ on MREL, regulatory reporting

    SRB proposes to be ‘flexible’ on MREL, regulatory reporting

    The Single Resolution Board has said that it will offer banks some flexibility around their regulatory reporting deadlines, easing the operational strain on the sector during the coronavirus pandemic. The supervisor may also ‘adapt’ transition periods and interim targets relating to the minimum requirements for own funds and eligible liabilities (MREL).

  • OSFI releases Canadian covered bond liquidity bottleneck

    OSFI releases Canadian covered bond liquidity bottleneck

    A leading covered bond investor has reacted positively to a series of measures announced by Canada’s Office of the Superintendent of Financial Institutions’ (OSFI) which have effectively provided stable access to emergency funding, including a temporary increase in the amount of covered bonds the country's banks can issue. The move comes after a heavy spell of supply that had sparked concerns that Canadian banks were struggling for cash.

  • Supervisors delay Basel IV amid coronavirus chaos

    Supervisors delay Basel IV amid coronavirus chaos

    Banks will have an extra year to comply with the latest set of bank capital rules, with the Basel Committee telling the industry on Friday to focus on responding to the coronavirus pandemic instead.

  • Corona bonds: an idea that cannot be contained

    Corona bonds: an idea that cannot be contained

    ‘Corona bonds’ have been talked up so much that the EU risks underwhelming the market by failing to act. It has become a question of political solidarity within the region, not simply one of debt management.

  • World looks to German crisis response ideas

    World looks to German crisis response ideas

    The UK government’s offer on Friday to pay 80% of the wages of furloughed workers came in the nick of time to save thousands of jobs in manufacturing and services. But few of those affected realised they were benefiting from a German idea. The move highlights how the coronavirus crisis is causing a rapid dissemination of techniques around the world.

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Regulation