This paper examines the channels via which climate change and policies to mitigate it could
affect a central bank’s ability to meet its monetary and financial stability objectives. We …

This paper presents the main findings of an International Banking Research Network
initiative examining the interaction between monetary policy and macroprudential policy in …

This paper examines whether the organizational form of multinational banks' foreign affiliates
affects cross-border spillovers of macroprudential regulation. We compare changes in the …

This paper examines the implicit subsidy of UK banks by the government and the associated
distortions in the financial system. It explains why the subsidy arises, why it is a public policy …

We use a new database on macroprudential policy actions to examine whether macroprudential
regulations affect international banking flows. We find evidence that borrowing by the …

Climate change and policies to mitigate it could affect a central bank’s ability to meet its
monetary stability objective. Climate change can affect the macroeconomy both through gradual …

Using two unique confidential datasets summarizing the cross‐border lending of banks in
France and the UK, we examine whether recipient‐country prudential policies can help to …

Since the crisis financial regulators and supervisors have been given increased independence
from political bodies. But there is no clear evidence of the benefits of these reforms on the …

Inadequate public disclosure by banks contributed to the financial crisis. This is because
investors, unable to judge the risks that banks are bearing, withdraw lending in times of …

… By Rhiannon Sowerbutts of the Financial Stability Strategy and Risk Directorate, Marco
Schneebalg of the Major UK Deposit Takers Supervision Directorate and Florence Hubert of …