Banking on Change

´Fintech will pose numerous issues for regulators whose job it is to buttress financial stability, protect consumers, and prevent monopolies´

Reserve managers move to equities

¨ ....the question arises as to why the investment tranche (which functions as a long-term investment tool for capital gains purposes) has such large exposure to passive fixed income and cash products. If the investment tranche is designed to produce extra yield in relation to standard bond portfolios, such an allocation seems ineffective. ¨

Sovereign wealth funds without wealth

Sovereign wealth fund is a term that's used very loosely in the labeling of some of these new entities, they are more like sovereign holding companies 

Fees and fog

¨Providing a figure that includes all transaction costs, implicit as well as explicit, is a challenge."

Central Banking in Latin America: The Way Forward

¨ For small and open economies, higher international reserves serve that (buffer building) purpose despite the fact that pure floating exchange rate regimes would not theoretically require a high level of reserves¨.

Neoliberalism: Oversold?

From the IMF: interesting references to the chilean experience in restricting capital movements, an example of success in combining markets with appropriate regulation.

China and FX reserve adequacy, redux

http://ftalphaville.ft.com/2016/03/14/2156300/china-and-fx-reserve-adequacy-redux/