VÁLOGATÁS
az ECB, az EU, az EBA, az EIOPA, az ESMA,
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2 0 1 9 . O K T Ó B E R 2 4 - O K T Ó B E R 3 0 .
MNB - Válogatás a nemzetközi pénzügyi és gazdasági intézmények dokumentumaiból
TARTALOMJEGYZÉK
1. MONETÁRIS POLITIKA, INFLÁCIÓ ........................................................................................................................... | 3 |
2. PÉNZÜGYI STABILITÁS, PÉNZÜGYI PIACOK ............................................................................................................. | 3 |
3. MIKROPRUDENCIÁLIS FELÜGYELET ÉS SZABÁLYOZÁS ............................................................................................ | 5 |
4. FINTECH, KRIPTOVALUTÁK..................................................................................................................................... | 6 |
5. ZÖLD PÉNZÜGYEK, FENNTARTHATÓ FEJLŐDÉS....................................................................................................... | 7 |
6. ÁLTALÁNOS GAZDASÁGPOLITIKA........................................................................................................................... | 7 |
7. KÖLTSÉGVETÉSI POLITIKA, ADÓZÁS ....................................................................................................................... | 9 |
8. SZANÁLÁS ............................................................................................................................................................ | 10 |
9. STATISZTIKA......................................................................................................................................................... | 11 |
10. PÉNZÜGYI ISMERETTERJESZTÉS, PÉNZÜGYI KULTÚRA ........................................................................................ | 12 |
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MNB - Válogatás a nemzetközi pénzügyi és gazdasági intézmények dokumentumaiból
1. MONETÁRIS POLITIKA, INFLÁCIÓ
Interview with El País | ECB |
https://www.ecb.europa.eu/press/inter/date/2019/html/ecb.in191026~8cf307b251.en.html | Interview |
Interview with Luis de Guindos, Vice-President of the ECB, conducted by Luis Doncel on 11 October 2019, | |
26 October 2019 | |
Consolidated financial statement of the Eurosystem as at 25 October 2019, 29/2010/2019 | ECB |
https://www.ecb.europa.eu/press/pr/wfs/2019/html/ecb.fst191029.en.html | Press Release |
Commentary | |
https://www.ecb.europa.eu/press/pr/wfs/2019/html/ecb.fs191029.en.html | |
ECB monetary policy decisions, 24/10/2019 | ECB |
https://www.ecb.europa.eu/press/pr/date/2019/html/ecb.mp191024~438769bd4f.en.html | Press Release |
Press conference: | |
https://www.ecb.europa.eu/press/pressconf/2019/html/ecb.is191024~78a5550bc1.en.html | |
Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates): | |
https://www.ecb.europa.eu/press/govcdec/otherdec/2019/html/ecb.gc191025~e4e072b123.en.html | |
Statement by the Eurogroup President on the candidates for the post of ECB executive board member, | EU |
24/10/2019 | Press Release |
https://www.consilium.europa.eu/en/press/press-releases/2019/10/24/statement-by-the-eurogroup- | |
president-on-the-candidates-for-the-post-of-ecb-executive-board-member/ | |
2. PÉNZÜGYI STABILITÁS, PÉNZÜGYI PIACOK
Safeguarding the Euro - the inside story of the ESM | EU |
https://www.esm.europa.eu/speeches-and-presentations/safeguarding-euro-inside-story-esm-speech- | Speech |
klaus-regling | |
Speech by Klaus Regling, ESM Managing Director at "Safeguarding the Euro - the inside story of the ESM" | |
book presentation by the ESM and the European Commission, Brussels, 29 October 2019 | |
Risk-sharing in the EU: how to ensure common ground on adequate instruments, institutional | EU |
framework and appropriate procedures | Speech |
https://www.esm.europa.eu/speeches-and-presentations/risk-sharing-eu-speech-nicoletta-mascher | |
Speech by Nicoletta Mascher, ESM Head of Banking, FRS Financial Stability Conference, Berlin, 28 October | |
2019 | |
Vulnerabilities in the international monetary and financial system | BIS |
https://www.bis.org/speeches/sp191030.htm | Management |
Speech by Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, at the OECD- | Speech |
G20 High Level Policy Seminar, Paris, 11 September 2019 | |
ECB and People's Bank of China extend bilateral currency swap arrangement, 25/10/2019 | ECB |
https://www.ecb.europa.eu/press/pr/date/2019/html/ecb.pr191025_1~a1221c41cd.en.html | Press Release |
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MNB - Válogatás a nemzetközi pénzügyi és gazdasági intézmények dokumentumaiból
ESM and EFSF approve waiver of Greece's mandatory repayment obligation, 28/10/2019 | EU |
https://www.esm.europa.eu/press-releases/esm-and-efsf-approve-waiver-greece%E2%80%99s- | Press Release |
mandatory-repayment-obligation | |
ECB Macroprudential Bulletin, 29/10/2019 | ECB |
https://www.ecb.europa.eu/pub/financial-stability/macroprudential-bulletin/html/index.en.html | Publication |
Contents: | |
• Introductory statement by Luis de Guindos | |
• Bank capital-at-risk: measuring the impact of cyclical systemic risk on future bank losses | |
• The interaction between the liquidity coverage ratio and the net stable funding ratio | |
• The effect of supervisory scrutiny on banks' risk-taking in the EU-wide stress test | |
• Impact of leverage on investor flows in European mutual funds | |
• Investigating initial margin procyclicality and corrective tools using EMIR data | |
• Macroprudential policy measures | |
Fixed rate versus adjustable rate mortgages: evidence from euro area banks, 28/10/2019 | ECB |
https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2322~0ed0879d8a.en.pdf?f543295e5c68a5fe5e07 | Working Paper |
d746b905c21e | |
Why do residential mortgages carry a fixed or an adjustable interest rate? To answer this question we | |
study unique data from 103 banks belonging to 73 different banking groups across twelve countries in the | |
euro area. To explain the large cross-country and time variation observed, we distinguish between the | |
conditions that determine the local demand for credit and the characteristics of banks that supply credit. | |
As bank funding mostly occurs at the group level, we disentangle these two sets of factors by comparing | |
the outcomes observed for the same banking group across the different countries. Local demand | |
conditions dominate. | |
Keywords: mortgages; interest rate fixation; cross-border banks. | |
France: Financial Sector Assessment Program-TechnicalNote-Nonfinancial Corporations and | IMF |
Households Vulnerabilities, 29/10/2019 | Country Report |
https://www.imf.org/en/Publications/CR/Issues/2019/10/28/France-Financial-Sector-Assessment- | |
Program-Technical-Note-Nonfinancial-Corporations-and-48757 | |
Corporates: The debt of French nonfinancial corporations has been on a rising trend in percent of GDP, | |
especially in recent years, in contrast what is observed in peer European countries. This trend on non- | |
consolidated data is mostly accounted for by bond issuances and loans among nonfinancial corporations | |
(NFCs) while bank credit to NFCs has also grown but at a slower pace. While, across countries, French firms | |
do not appear to be more indebted on average or to be more likely to have their debt-at-risk than their | |
peers, there exists a tail of firms with debt-at-risk that has remained fatter than before the global financial | |
crisis, despite the low interest rate environment. | |
Households: There is no clear evidence of vulnerabilities in households' balance sheets at an aggregated | |
level. Households have continued to build their financial net worth by accumulating financial assets even | |
faster than debt. Their saving rate is healthy, and they appear to invest their inflows primarily in safe | |
assets. Household debt is not high in international comparisons. However, some households-lower | |
income, younger-may have experienced a deterioration of their balance sheet along certain dimensions. | |
Related documents: | |
Technical Note-Balance Sheet Risks and Financial Stability | |
https://www.imf.org/en/Publications/CR/Issues/2019/10/28/France-Financial-Sector-Assessment- | |
Program-Technical-Note-Balance-Sheet-Risks-and-Financial-48760 | |
Technical Note-Macroprudential Policy Framework and Tools | |
https://www.imf.org/en/Publications/CR/Issues/2019/10/28/France-Financial-Sector-Assessment- | |
Program-Technical-Note-Macroprudential-Policy-Framework-48763 | |
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MNB - Válogatás a nemzetközi pénzügyi és gazdasági intézmények dokumentumaiból
3. MIKROPRUDENCIÁLIS FELÜGYELET ÉS SZABÁLYOZÁS
The banking union - a personal view on its past, present and future | ECB/SSM |
https://www.bankingsupervision.europa.eu/press/speeches/date/2019/html/ssm.sp191030~a66780e0a | Speech |
5.en.html | |
Speech by Andrea Enria, Chair of the Supervisory Board of the ECB, at a dinner of the Centre for European | |
Reform, 30 October 2019 | |
Interview with Radio Nacional | ECB/SSM |
https://www.bankingsupervision.europa.eu/press/interviews/date/2019/html/ssm.in191030~0d4ff74a9 | Interview |
0.en.html | |
Interview with Andrea Enria, Chair of the Supervisory Board of the ECB, conducted by Cristina Ganuza on | |
22 October | |
The Banking Union - a key building block of the EU project | BIS |
https://www.bis.org/review/r191024b.pdf | Central Bankers' |
Opening remarks by Ms Margarita Delgado, Deputy Governor of the Bank of Spain, at the roundtable | Speech |
"Banking Union - Five years in the making", organized by the Bank of Spain, Madrid, 23 October 2019 | |
Insuring in the long term in a short-term world | BIS |
https://www.bis.org/review/r191028c.pdf | Central Bankers' |
Speech by Mr François Villeroy de Galhau, Governor of the Bank of France and Chairman of the Autorité | Speech |
de contrôle prudentiel et de resolution (ACPR), at the 11th International Insurance Conference, Paris, | |
25 October 2019 | |
Benchmarks regulation and related issues | ESMA |
https://www.esma.europa.eu/press-news/esma-news/steven-maijoor-delivers-speech-benchmarks-in- | Speech |
madrid | |
Speech by Steven Maijoor, Chair of the ESMA, at the Conference on the adaptation of interest rate | |
benchmarks to the new European regulation on benchmarks, organized by the Comisión Nacional del | |
Mercado de Valores (CNMV), Madrid, 29 October 2019 | |
EBA publishes Opinion proposing to further strengthen depositor protection in the EU, 30/10/2019 | EBA |
https://eba.europa.eu/eba-publishes-opinion-proposing-further-strengthen-depositor-protection-eu | Press Release |
The EBA calls on the European Commission to take action to facilitate the scaling up of cross-border | EBA |
activity, 29/10/2019 | Press Release |
https://eba.europa.eu/eba-calls-european-commission-take-action-facilitate-scaling-cross-border- | |
activity | |
EIOPA's Risk Dashboard for October 2019 shows broadly stable risk exposures of European insurers, | EIOPA |
with macro and market risks still at a high level, 25/10/2019 | Press Release |
https://eiopa.europa.eu/Pages/News/EIOPA's-Risk-Dashboard-for-October-2019-shows-broadly-stable- | |
risk-exposures-of-European-insurers,-with-macro-and-market-ris.aspx | |
ESMA update on Brexit preparations, 30/10/2019 | ESMA |
https://www.esma.europa.eu/press-news/esma-news/esma-update-brexit-preparations | Press Release |
MiFID II - New Publication Date for Systematic Internaliser and Bond Data, 30/10/2019 | ESMA |
https://www.esma.europa.eu/press-news/esma-news/mifid-ii-new-publication-date-systematic-interna- | Press Release |
liser-and-bond-data | |
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Central Bank of Hungary published this content on 31 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2019 15:01:00 UTC