This paper provides an overview of the principal frameworks in place before the crisis and the current trends in bank liquidity risk management. The reassessment of management practices and techniques for identifying, measuring and monitoring liquidity risk is strictly intertwined with the...

This paper analyses the current operational framework chosen to implement singlemonetary policy in the euro area, pointing out the effects of certain technical choices in the field of monetary policy instruments on the interbank market and bank treasuries. In particular, I examine how the tender...