MREL is a key instrument enabling the liquidation of banks without threatening the stability of the financial system, are now close to conclusion. The work on regulations is now close to the end.
Despite the increasingly robust growth of Poland’s economy, a real growth observed in wages and consumption, lending is picking up only moderately.
Too much money is flowing to a small group of assets. The private and public debt overhang is too large. A new crisis could cost the world one third of the losses of the last one, claims the International Monetary Fund.
The European Commission wants to strengthen EU agencies supervising financial markets in order to ensure an effective and safe implementation of the plan for the Capital Markets Union (CMU).
As long as the amount of national savings is not high enough to raise the rate of investment, Poland will be using foreign investment.
The consensus on how much capital should the banks have is beginning to crumble. In some countries, the burdens are high, and in others they are lower.
Bankers and economists wonder what sort of a financial system Poland needs in order to support its economic growth. The most simple answer is: one that is stable, diversified, heterogeneous and competitive.
Change in the valuation of risk premium is the greatest threat to the stability of the European financial system.
“The macro-prudential supervision tries to navigate between Scylla and Charybdis to prevent them from destroying the ship,” says Francesco Mazzaferro, Head of the European Systemic Risk Board Secretariat.
Risk areas in European banks are not being reduced, and are even on the rise when it comes to the chronic lack of profitability.