economy, COVID, eligible, policy, model, jobs, FSB, extensions

FED: Introductory Comments

Thank you, President Mester and Treye Johnson, and thanks to everyone for joining us. My job today is to listen, so I will keep my remarks short. But I do want to say that these…

central bank of ireland, The risks, firms

Central Bank of Ireland: Enforcement Action: Rory O’…

Mr Rory O’Connor, former Executive Director and Chief Financial Officer of RSA Ireland Insurance DAC (RSAII) disqualified for 8 years 4 months and fined €70,000 by the Central Bank of Ireland for his admitted participation…

MAS

Ravi Menon: Shanghai and Singapore – financial centre…

China-Singapore Financial Co-operation Let me first congratulate the Shanghai Municipal Government for successfully convening the Lujiazui Forum while the world is still grappling with the Covid-19 pandemic. Singapore is honoured to be the Lujiazui Forum's…

reserve bank of new zealand, TLF, Workplaces, Commercial Bank of China, financial system, money

Reserve Bank approves sale of AMP Life

The Reserve Bank has approved the proposed sale of AMP Life to Resolution Life, in a revised arrangement that is subject to a number of conditions imposed to protect policyholders. The Reserve Bank has been…

UAB ConnectPay, COVID-19, institutions

Balance of Payments of the Republic of Lithuania…

Today the Bank of Lithuania published external statistics data for Q1 2020. The current account balance (CAB) has been in surplus for a number of consecutive periods. It grew almost 3.0 times over the year,…

central bank of ireland, The risks, firms

Impact of COVID-19 pandemic on real economy has…

The macro-financial outlook has deteriorated significantly as a result of the COVID-19 pandemic. The risks posed to domestic financial stability stem from the sudden halt in domestic activity, further financial market stresses and structural vulnerabilities…

Seal_of_the_United_States_Federal_Reserve_System, extensions

The Adaptability of Stress Testing

Thank you for the opportunity to again address stress testing this group on , which has played such an important role encouraging diversity, and a diversity of perspectives, in housing and finance. I gave my…

Bank of Lithuania, Secure Nordic, project, Commission, SEB

Resolutions of the Board of the Bank of…

Obligations imposed on AB SEB In January–March 2020, the Bank of Lithuania conducted a targeted inspection of AB SEB, during which it assessed, among other things, its money laundering and terrorist financing risk management, customer…

Bank-of-Russia, market-making, restrictions, information, securities, economic activity, FPS, reputation, recommendations

Bank of Russia to update pension reserve investment…

The Bank of Russia is going to amend the requirements for pension reserve investment that will become effective on 1 January 2021. The updates are intended to limit investment risks and enhance the protection of the rights of depositors and members of non-governmental pension funds (NPFs), as well as help NPFs adjust to the new regulations given the consequences…