Top of the Agenda Banking Regulation, Monetary Policy and the Role of the Central Bank During the financial crisis, the Federal Reserve and other government agencies took extraordinary actions to support… Continue Reading
January 24
January 24
Banking Regulation, Monetary Policy and the Role of the Central Bank
During the financial crisis, the Federal Reserve and other government agencies took extraordinary actions to support the financial sector. Those actions were an appropriate response to unprecedented events, but vastly increased… Continue Reading
January 22
Ringfencing versus Cooperation: A Game-theoretic Perspective
The past decade has seen an increased focus on the resilience of subsidiaries of international banks within jurisdictions. Ensuring that each such subsidiary can withstand losses or episodes of illiquidity… Continue Reading
January 21
BPI, SFA Back OCC’s Proposal for “Valid-When-Made” Rule
In a comment letter submitted January 21, BPI and the Structured Finance Association (SFA) offered comments to the OCC on its proposal to amend portions of the regulations implementing the… Continue Reading
January 17
January 17, 2020
Top of the Agenda BPI Offers Recommendations on How to Revise Supervisory Rating System The Bank Policy Institute (BPI) submitted a comment letter to the Federal Reserve and Federal Deposit Insurance Corporation in response… Continue Reading
January 15
Does Excluding Reserves from the Leverage Ratio Make Quantitative Easing More Effective? More Yes than No.
When a central bank expands its balance sheet by purchasing securities or making loans, it generates a corresponding increase in bank deposits at the central bank (a/k/a “reserves”). Those reserves,… Continue Reading
January 10
BPI Offers Recommendations on How to Revise Supervisory Rating System
The Bank Policy Institute (BPI) submitted a comment letter to the Federal Reserve and Federal Deposit Insurance Corporation in response to their request for information seeking public input on a fundamental aspect of how the federal banking agencies… Continue Reading
January 10
How and Why Are Regulators Protecting the Reputations of Banks?
Every once in a while, one comes upon a piece of research that is truly eye opening, and such is the case with an article by Professor Julie Anderson Hill,… Continue Reading
January 10
January 10, 2020
Top of the Agenda How the Pentagon Was Duped by Contractors Using Shell Companies Anonymous shell companies pose a severe threat to national security, according to a January 4 Bloomberg article… Continue Reading
January 3
Top 10 Most Read Research and Blog Posts of 2019
1. Bank Regulations and Turmoil in Repo Markets September 26, 2019 BPI’s research team spent much of the Fall examining the turmoil in the repo market in mid-September to try… Continue Reading