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Press Release

Establishment of the Monitoring Group Nominating Committee and Publication of the Open call for Applications to the Public Interest Oversight Board

01/07/2021 No Comments

Today, the Monitoring Group (MG) is pleased to announce a further step to implement the MG Reforms by establishing the Monitoring Group Nominating Committee (MG NC) and issuing an open call for applications for board members to the Public Interest Oversight Board (PIOB) for an initial 3-year term commencing January 1, 2022.

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Joint ECB/ESRB report shows uneven impacts of climate change for the EU financial sector

01/07/2021 No Comments
The European Central Bank (ECB) and the European Systemic Risk Board (ESRB) today published a joint report that takes a closer look at how a ...
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Systemic vulnerabilities in Money Market Funds

01/07/2021 No Comments
The 2020 financial market turmoil revealed that the regulatory reforms implemented after the global financial crisis did not address all sources of systemic risks in ...
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Stablecoins Could Pose New Short-Term Credit Market Risks

01/07/2021 No Comments
The Diem US-dollar stablecoin, which the Facebook-backed Diem Association plans to issue in partnership with Silvergate Bank, proposes to hold at least 80% of its ...
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