News in Systemic Risk: Friday, November 10, 2017 (10 a.m. ET)

Pro-Cyclicality and Interconnectedness in the Financial Sector – the European Perspective (Sabine Lautenschläger; ECB)

Capital Misallocation and Financial Development: A Sector-Level Analysis (Daniela Marconi and Christian Upper; BIS)

Thomas Jordan: Central Bank Independence Since the Financial Crisis – the Swiss Perspective (BIS)

Opinion of the European Central Bank of 8 November 2017 on Revisions to the Union Crisis Management Framework (ECB)

Opinion of the European Central Bank of 8 November 2017 on Amendments to the Union Framework for Capital Requirements of Credit Institutions and Investment Firms (ECB)

An Index of Treasury Market Liquidity: 1991-2017 (New York Fed)

Evolving Regulatory Environment for CCPs – the Perspective of a Central Bank (ECB)

Catalan Crisis Courses Through Spain’s Financial Plumbing (WSJ)

Japan Regulator to Step Up Checks on Struggling Regional Banks (Reuters)

ECB Accused of Power Grab over Bad Loan Plan (FT)

EFSF Wraps Up Year With Fresh Liquidity Across the Curve (Reuters)

French Central Bank Chief Says Euro Zone Needs New Crisis Instrument (Reuters)

Public Debt, Unemployment, Big NPL Pile Weigh on Greece: Central Bank Governor (Reuters)

China Eases Limits on Foreign Stakes in Financial Firms (New York Times)