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CFA Institute Systemic Risk Council Publishes Fall Newsletter

For further information contact Kurt Schacht at Kurt.schacht@cfainstitute.org. WASHINGTON, D.C.— November 7, 2022 The CFA Institute Systemic Risk Council today released its Fall 2022 Newsletter. Each quarter, we will recap the activities of the CFA Institute Systemic Risk Council (SRC or the Council) and highlight the key systemic debates and challenges affecting global markets and […]

Crypto Regulation: Who’s On First

WASHINGTON, DC – Back in February the CFA Institute Systemic Risk Council (SRC) urged congressional and regulatory action on Stablecoins. In a letter to Treasury Secretary Janet Yellen and members of the Financial Stability Oversight Council (FSOC), we urged the group to act on growing risks to U.S. financial stability posed by unregulated crypto assets, […]

CFA Institute Systemic Risk Council Q2:2022 Newsletter

Welcome to the spring edition of the CFA Institute Systemic Risk Council Quarterly Report. Each quarter, we will recap the activities of the CFA Institute Systemic Risk Council and highlight the key systemic debates and challenges affecting global markets and regulators.

Every day, the European Union, the United Kingdom, and the United States send Russia an average of $500 million for oil and gas. But there is good reason to believe that Russia could not withstand an embargo on its energy products. WASHINGTON, DC – On February 24, the first day of the full-scale invasion of […]

Systemic Risk Council Urges Congress To Demand Renewed Vigilance In Preserving Stability After US Equity Market Episode

WASHINGTON, D. C. —– On March 3, 2021, the Systemic Risk Council issued a letter to the US Congress on the resilience and stability of the financial system in the wake of the recent extraordinary equity market volatility. In addition to well publicized questions on market integrity and efficiency raised by the GameStop episode, the […]

Systemic Risk Council Urges Congress To Demand Renewed Vigilance In Preserving Stability After US Equity Market Episode

WASHINGTON, D. C. —– On March 3, 2021, the Systemic Risk Council issued a letter to the US Congress on the resilience and stability of the financial system in the wake of the recent extraordinary equity market volatility. In addition to well publicized questions on market integrity and efficiency raised by the GameStop episode, the […]

Awaiting the Will to Ensure Financial Market Stability

Paul Tucker, chair of the Systemic Risk Council (sponsored by CFA Institute) and former deputy governor for financial stability at the Bank of England, says that financial markets are still facing serious stability risks. In a conversation with Yale SOM’s Andrew Metrick, director of the Yale Program on Financial Stability, Tucker said it’s time for […]

Bank Dividends in Peril With Crisis Veterans Warning of Trouble

By Lisa Lee and Shahien Nasiripour — Bloomberg A long-running clash over the ability of Wall Street banks to weather hard times and still pay shareholder dividends is gaining urgency as the number of Covid-19 cases ticks up and economic data remain gloomy. Critics, including a number of government and Federal Reserve veterans of the […]

The Fed Has Averted A Systemic Financial Crisis—For Now. Here are 3 Areas To Monitor.

By Reshma KapadiaApril 6, 2020 7:30 am ET Bad news is said to come in threes, but let’s hope full-blown crises don’t. The Covid-19 global health crisis rapidly became a global economic crisis, but, so far, it has not touched off a financial crisis. U.S. banks, for the most part, are in good shape, and central […]

Covid-19: Implications for international financial regulation

Paul Tucker, chair of the Systemic Risk Council and former deputy governor of the Bank of England, joins Mark Sobel, US chairman of OMFIF, to discuss the implications of coronavirus for the world economy. Since the 2008 financial crisis, much has been done to strengthen banks. But in recent years, the financial system has seen […]