News in Systemic Risk: Tuesday, January 17, 2017 (10 a.m. ET)
How a Financial Council Republicans Loathe Could Work in Their Favor - The Financial Stability Oversight Council was created by the 2010 Dodd-Frank financial overhaul law (WSJ)
ECB and UK urged to share regulation of euro clearing market - Lobby group says joint coverage of the market would prevent any damaging splits (Financial Times)
EU reinsurers eye release of $40bn collateral held in US - Agreement presented to US Congress on Friday comes a week before Trump inauguration (Financial Times)
Santander to be granted exemption in US stress test - BNP Paribas and BBVA among those excluded from most onerous part of test (Financial Times)
Moody’s Reaches $864 Million Subprime Ratings Settlement (Bloomberg Quint)
BIS: 2016 Annual Report of the Irving Fisher Committee on Central Bank Statistics
ECB: Results of the January 2017 euro area bank lending survey
NBER Working Paper: Pledgeability, Industry Liquidity, and Financing Cycles