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)
