At a two-day research conference hosted by the Bundesbank, the Halle Institute for Economic Research and the Centre for Economic Policy Research, academics discussed the opportunities and challenges that regulatory reforms and new technologies present for the future of financial intermediation.
Bundesbank Vice-President Claudia Buch has spoken out regarding the financial market reforms that were initiated in the wake of the financial crisis and the need to assess their long-term effects on the economy as a whole. Professor Buch gave a presentation on financial stability in Munich to mark the Bundesbank’s 60th anniversary.
G7 finance ministers and central bank governors convene on margins of IMF annual meeting in Washington, DC to adopt report setting out Fundamental Elements for Effective Assessment of Cybersecurity in the Financial Sector.
Bundesbank Executive Board member Andreas Dombret has warned financial institutions against underestimating climate risks. The financial sector is being increasingly affected by the rising costs resulting from extreme weather events, as well as by far-reaching changes in climate policy, he said in a speech in Singapore.
German external assets grew by a net €231 billion in 2016, closing the year at €1,709 billion. This increase was chiefly attributable to net capital exports, which were primarily a reflection of last year’s current account surplus.
Further articles on financial stability can be found in our archive.
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