Reforming MMFs and Bond OEFs is good, but providing reliable Liquidity to the Treasury Market is better

Chapters in this book

1. Frontmatter I
2. Foreword V
3. Preface VII
4. Contents XV
5. Introduction XIX
6. The Authors XXIII
7. Daring to know in Times of Uncertainty and structural Shifts XXXIII
8. I. Macroeconomic Factors
9. Macro-Financial Challenges 1
10. Systemic Risks posed by the Non-Bank Sector, and the Need for Policy Action 7
11. (Credible, Comparable, Comprehensive) Transition Planning beats no Transition Planning 19
12. Financial Markets and monetary Policy in the Eurozone Economy – Outlook and Risks ahead 29
13. The Solution for a polycrisis World: bold Action and bold Actors 35
14. II. Crypto Assets and Cybersecurity
15. Tokenization and AI in Banking: how Risk and Compliance can facilitate responsible Innovation 45
16. The giddy Pace of Change 55
17. How should we approach Crypto Assets 57
18. III. NBFIs
19. Policy Approaches towards NBFI Vulnerabilities 61
20. We need a holistic Perspective on Liquidity Stress 67
21. Building the financial Stability of Investment Funds 75
22. Reforming MMFs and Bond OEFs is good, but providing reliable Liquidity to the Treasury Market is better 115
23. IV. Regulated financial Service Providers
24. The Risks from false Illusions in financial Policy Making 137
25. A “Five C” Approach to managing Risk. Proactively navigating the evolving Risk Landscape 151
26. Higher Interest, Inflation and lower Output: Challenges for the EU Banking Sector 155
27. Key systemic Risks faced by global Banks 163
28. Fostering stable Banks in the Union 169
29. The broad Context in January 2023 for financial Stability and the Risks in a poly-crisis World 175