News in Systemic Risk: Monday, April 23, 2018 (10 a.m. ET)

Fourteenth progress report on adoption of the Basel regulatory framework (BCBS; BIS)

SONIA reform implemented (Bank of England)

China's Bolstering Lenders for New Assault on Shadow Banking (Bloomberg)

ECB mulls shelving rules tackling euro zone's bad loans pile (Reuters)

EU banks rush to ‘have cake and eat it’ with bad loan sales (FT)

European banks rely on equity for half of market value (FT)

Life after Libor: BoE takes on Sonia benchmark oversight (FT)

Greece wants 'clean' bailout exit, promises no return to past profligacy (Reuters)

Greece’s Creditors Close to Compromising on Debt (Bloomberg)

Britain hails new optimism about Brexit deal for financial services (Reuters)

Australian regulator backs massive increase in fines for corporate wrongdoing (Reuters)