News in Systemic Risk: Friday, July 9, 2021 (10 a.m. ET) July 9, 2021 Central bank digital currencies for cross-border payments (Bank of International Settlements) IMF Managing Director Kristalina Georgieva Welcomes the Executive Board’s Backing for a New US$650 Billion SDR Allocation (Kristalina Georgieva; International Monetary Fund) US comptroller takes direct charge of agency’s bank supervision (Ben Margulies; Central Banking) Do-It-All Central Banks Risk Rates Flexibility With New Mission (Craig Torres, Michelle Jamrisko; Bloomberg) Auditor Watchdog Is Overhauled After SEC Report Cites Years of Dysfunction (Jean Eaglesham, Dave Michaels; Wall Street Journal) Related Stories High School Students Visit Yale SOM for Introduction to Careers in Business and Economics Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability Program on Financial Stability Receives $7.5 million
