News in Systemic Risk: Wednesday, December 9, 2020 (10 a.m. ET) December 9, 2020 PBC and CBIRC Officials Answer Press Questions on Measures for Assessment of Systemically Important Banks (The People's Bank of China) Low price-to-book ratios and bank dividend payout policies (Leonardo Gambacorta, Tommaso Oliviero, Hyun Song Shin; Bank of International Settlements) BIS warns of gap between cautious banks and buoyant markets (Central Banking) CFTC approves electronic trading risk principles after shelving broader proposal (Kellie Mejdrich; Politico) Bank capital buffers aren’t working (Lars Rohde; Financial Times)