EARLY IN NOVEMBER the South African Reserve Bank (SARB) released an interesting discussion paper entitled “A new macroprudential framework for South Africa”, inviting comment from all interested ...

The trend towards macroprudential supervision reflects an increasing recognition by financial supervisors worldwide that supervision at the individual firm level is not sufficient to safeguard the ...

Welcome to the San Francisco Fed and our beautiful city by the Bay. I want to extend a special greeting to those of you who have come all the way from Asia to join us. I’m sorry that other commitments ...

WASHINGTON — As regulators around the world look to prevent the next financial crisis, Kansas City Federal Reserve Bank President Esther George Friday said they should strengthen macroprudential ...

Events of the past decade have refocused attention on the potential contributions of monetary policy and macroprudential approaches to fostering financial stability. However, monetary policy is poorly ...

Bernanke: "Looking forward, I believe a more macroprudential approach to supervision... could help to enhance overall financial stability," including, "monitoring large or rapidly increasing exposures ...

On July 1, the Executive Board of the International Monetary Fund (IMF) concluded discussions of a staff paper on “Key Aspects of Macroprudential Policy.” The crisis has underscored the costs of ...

Thank you for that very kind introduction. When I look at the roster of previous recipients of the Adam Smith Award, it is very august company indeed. It's a tremendous honor to appear before you this ...

The recent financial crisis revealed critical gaps and weaknesses in the U.S. financial system and the financial regulatory framework. The Congress and the Administration last year provided a roadmap ...