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unit, a so-called bad bank. This plan effectively addresses three key challenges. It provides for the transparent removal …
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This paper discusses how financial stability governance has evolved and how central banks and financial regulators are coping with the threats posed by climate uncertainty, providing an overview of G20 countries' green central banking experiences in the past 20 years. The analysis shows that...
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sector of no major importance. Today, with an annual crude output of 106 mn tons, China already ranks ninth among the world …
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from banks, and bank-based financial systems work differently than market-based financial systems. Therefore, the … regulation needs to take the characteristics and advantages of bank-financed SMEs into account. Decentralised und individual …
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While macroprudential policy has mostly focused on the role of banks, we argue that pension funds are also important for financial stability. Drawing on previous research on pension funds, we explain how their actions can have a vital impact on other financial institutions as well as on...
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