This paper outlines the findings of a simulation analysis that assesses the extent of the potential rise in bank NPLs, taking into consideration assumptions under extensive monetary and fiscal support versus a scenario without continued support measures in keeping with conditions that prevailed...

Open finance enables the sharing of, and access to, financial sector data. This paper analyses the benefits, risks and implementation challenges of Open finance and provides policy recommendations for the safe and successful implementation of such data-sharing frameworks in finance. It considers...

This paper discusses how financial regulators and competition agencies have co-operated to implement a regulatory and competitive framework that delivers a stable system in which innovative and efficient firms can thrive to the benefit of consumers. To do this, the paper starts by describing the...

COVID-19 has governments at all levels operating in a context of radical uncertainty. The regional and local impact of the COVID-19 crisis is highly heterogeneous, with significant implications for crisis management and policy responses. This paper takes an in-depth look at the territorial...

This brief discusses the different approaches by governments during the pandemic to using regulatory management tools, including regulatory impact assessments, stakeholder engagement and ex post evaluation, and how they have ensured robust regulatory oversight when regulating through emergency...