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) Related Stories High School Students Visit Yale SOM for Introduction to Careers in Business and Economics Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability Program on Financial Stability Receives $7.5 million