Home Banking Claustrophobia on Fed balance sheet, The future of regulation

Claustrophobia on Fed balance sheet, The future of regulation

by admin

Claustrophobia on Fed balance sheet, The future of regulation

Thursday 31 October 2019  –  Vol.110 Ed.44.3

Commentary: Claustrophobia on Fed balance sheet

By Pierre Ortlieb in London

The US Federal Reserve’s key challenge for the next six months is managing its liabilities. For central banks, the enduring legacy of the 2008 financial crisis is that they are now a bulwark in money markets. Various new lending facilities and liquidity management practices are taking up space on the liability side of the Fed’s balance sheet. Financial intermediaries relying on reserves will feel increasingly claustrophobic in the context of the growing coterie of investors accessing the balance sheet for liquidity management.

Read the full commentary on the website.

Andrew Bailey, chief executive officer of the Financial Conduct Authority

Meeting: The future of regulation

Wednesday 6 November, London, 08:15-10:00 GMT

As the UK prepares to leave the European Union, Andrew Bailey, chief executive officer of the Financial Conduct Authority, discusses the future of UK regulation in this volatile environment.

Topics will include: regulation of digital developments; how robust supervision will be structured to benefit consumers; and enhancing transparency of FCA processes and decision-making.

Request to attend the meeting.

 

You may also like

Leave a Comment