Antitrust and the political economy: Part 2
Cristina Caffarra argues it would be bizarre and unusual for antitrust enforcement to regard itself as an island of stillness, and calls for a more open approach
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Regulation
Antitrust and the political economy: Part 1
The last five years has seen policymakers struggle to deal with overlapping emergencies. Cristina Caffarra discusses the changing role of antitrust
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Responsible innovation in money and payments
Innovations in money and payments continue to be of primary importance. Michelle Bowman caution against solutions that could disrupt and disintermediate the banking system
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Governance at a turning point
International governance has brough indisputable benefits, but mistrust has grown. Christine Lagarde calls for policymakers to focus on citizens’ priorities whilst being courageous and accountable
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Artificial intelligence and financial stability
The use of artificial intelligence is accelerating. Jon Danielsson argues that although AI will bring considerable benefits, it also raises new challenges and can even destabilise the financial system
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Some lessons for crisis management from recent bank failures
Agustín Carstens discusses the lessons from the bank failures that occurred in March 2023, and argues that robust and proactive supervision is essential
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Financial stability in uncertain times
The recent macroeconomic experience has presented both monetary policy and financial stability challenges for central banks. Michelle Bowman discusses how central banks can these vulnerabilities
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Climate risk stress tests underestimate financial sector losses
Henk Jan Reinders, Dirk Schoenmaker and Mathijs Van Dijk review current climate risk stress test methods and identify new approaches
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Why the digital euro might be dead on arrival
Cyril Monnet and Dirk Niepelt argue that in protecting the current banking model the ECB could be sacrificing the digital euro on the altar of banking as we know it
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Responsive and responsible bank regulation and supervision
The regulatory framework is evolving. Michelle Bowman urges regulators to focus on novel banking activities, including banking as a service and digital assets, to prevent a regulatory void
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