Analysis by Jonathan Acosta-Smith discussing Tirupam Goel's paper on banking regulation trade-offs between efficiency and systemic risk, exploring optimal capital requirements and bank size in a macroeconomic model.
EBA 2024 Policy Research Workshop discussion on ethical and regulatory challenges of AI and big data in Open Banking, highlighting risks of inferring protected characteristics from transaction data and implications for privacy, fairness, and supervision in credit scoring.
EBA 2024 Policy Research Conference presentation analysing investor attention to bank risk during the 2023 US bank runs, focusing on how market perceptions evolved using stock returns and balance sheet data.
EBA workshop presentation analysing the Digital Euro proposal’s compliance with EU data protection and privacy frameworks, focusing on personal data processing risks and fundamental rights under GDPR and related regulations.
EBA presentation analysing risks of Big Data and AI in Open Banking under PSD2, focusing on algorithmic bias, financial vulnerability profiling, and regulatory challenges in credit assessment for disadvantaged groups.
EBA workshop presentation on transition plans for a low-carbon economy, analysing comparability, credibility, and effectiveness under frameworks like CSRD, ESRS, and TCFD, and the roles of public authorities, regulators, and private sector in aligning with 1.5°C climate goals by 2050.
EBA Policy Research Workshop discussion on how SupTech (supervisory technology) impacts bank supervision, lending behavior, and firm credit access, showing disciplining effects on balance sheets and loan reallocation to riskier borrowers without reducing overall credit supply.
EBA 2024 research presentation analysing how climate stress tests influence bank lending, credit costs, and environmental performance of high-carbon firms, using French 2020 pilot data and syndicated loan trends.
EBA Policy Research Workshop presentation analysing how multinational corporations adjust internal capital markets in response to foreign bank credit shocks, using German parent-subsidiary data and macroprudential policy insights.
EBA policy expert analysis on whether bank resolution reforms reduce too-big-to-fail perceptions by measuring implicit subsidies through equity abnormal returns across 19 jurisdictions, using an augmented Fama-French 5-Factor Model plus Momentum.
EBA presentation analysing how interest rate hikes and collateral deterioration in asset-backed commercial paper (ABCP) conduits impact shadow banking, financial stability, and traditional banking risk transfer within the EU structured finance framework.
ECB and ESM study analysing drivers of supervisory capital add-ons for banks using Internal Ratings-Based (IRB) models under CRR, distinguishing material deficiencies (signal) from minor ones (noise) to improve microprudential regulation and efficient use of supervisory resources (2014–2020).
Bank for International Settlements paper analysing the trade-off between banking efficiency and financial stability, proposing size-dependent capital regulation to optimise bank size distribution and welfare, with a focus on GSIBs and scale economies.
European Central Bank and De Nederlandsche Bank study introducing a price-at-risk measure to assess systemic risk from overlapping portfolios and fire sales in euro area banks and investment funds, highlighting contagion risks and market price impact under tail scenarios.
Analysis of the digital euro’s data protection challenges under EU law, examining privacy risks, role ambiguities among ECB and intermediaries, and conflicts between data minimisation and regulatory needs like anti-money laundering within the proposed CBDC framework.
Study by Federal Reserve Bank of New York analysts examining investor attention to bank risk during the 2023 US bank run, focusing on uninsured deposits, unrealized losses, and limited market discipline through stock returns.
AEFR debate paper from November 2023 proposing recommendations to harmonize transition plans for low-carbon transition, covering structure, planning processes, and finance alignment under EU frameworks like ESRS, SFDR, and Green Bond Standard to enhance comparability and credibility.
Study analysing the impact of climate stress tests by French banking supervisors on bank lending and borrowers' transition to a carbon-neutral economy, showing increased lending to high-carbon emitters at higher rates and improved environmental performance for borrowers of participating banks.
Study analyzing risks of Open Banking (PSD2) and AI in financial services, revealing how transaction data may inadvertently correlate with protected personal characteristics, raising fairness and privacy concerns under the EU AI Act and financial regulation frameworks.
Study analysing the divergence of banks into high-rate and low-rate models over the past decade, examining their distinct business strategies, impact on monetary policy transmission, maturity transformation, and credit risk concentration, driven by technological advancements and deposit behaviour shifts.