News in Systemic Risk: Thursday, August 20, 2020 (10 a.m. ET) August 20, 2020 COVID-19 in emerging markets: Escaping the monetary policy procyclicality trap (Gaston Gelos, Umang Rawat, Hanqing Ye; VoxEU) Account of the monetary policy meeting of the Governing Council of the European Central Bank (Christine Lagarde; European Central Bank) The provision of euro liquidity through the ECB’s swap and repo operations (Fabio Panetta, Isabel Schnabel; European Central Bank) Supranational Debt and Financing Needs in the European Union (Mar Delgado-Téllez, Iván Kataryniuk, Fernando López-Vicente, Javier J. Pérez; Bank of Spain) Policy rate unchanged at zero percent (Norges Bank) Bank Syndicates and Liquidity Provision (Joao A. C. Santos, S. Vish Viswanathan; National Bureau of Economic Research) EU regulator’s proposed reforms could damage UK fund sector (Chris Flood; Financial Times)