News in Systemic Risk: Monday, June 22, 2020 (10 a.m. ET) June 22, 2020 Central Bank Reserves Can't Be Taken for Granted (Andrew Bailey; Bank of England) The current crisis and the challenges it poses for economic and monetary policy (Jens Weidmann; Deutsche Bundesbank) The Distributional Impact of Recessions: the Global Financial Crisis and the Pandemic Recession (Ippei Shibata; International Monetary Fund) Shadow Bank Runs (David Andolfatto, Ed Nosal; Federal Reserve Bank of St. Louis) Bank Complexity, Governance, and Risk (Ricardo Correa, Linda S. Goldberg; Federal Reserve Bank of New York) The impact of COVID-19 on insurers (Divya Kirti, Mu Yang Shin; VoxEU)