News in Systemic Risk: Wednesday, July 19, 2017 (10 a.m. ET)

White House to Nominate Hester Peirce as Republican SEC Commissioner (WSJ)

Treasury Report on Regulatory Reform: Key Recommendations and Initial Regulatory Responses on Capital, Stress Testing, and Liquidity (Davis Polk)

In His First Speech as Chairman, Clayton Presages Few Major Changes at the SEC (Davis Polk)

Basel Compliance and Financial Stability: Evidence from Islamic Banks (IMF)

Supervisory Appeals Guidelines Revised to Increase Consistency with Other Federal Banking Agencies (FDIC)

Draft Rules Cast Doubt over Eurozone Securitisation Reforms (Financial Times)

Central Bank Action Propels Bond Market Crash Worries (Financial Times)

Bank of England Opens Up Payments System to Spur Fintech (Reuters)

UK Financial Watchdog Links HBOS Investigation (Reuters)

China’s Securities Regulator Pledges to Follow New Financial Supervisory Body’s Lead (Reuters)

China Holdings of US Treasuries Climb to $1.1 Trillion (Financial Time)

How EU Reckons Greece Can Make a Successful Return to Markets (Reuters)

U.S. Banks Eye Europe’s Non-Performing Loans (Financial Times)

FSB’s Final Guiding Principles on Internal TLAC (Davis Polk)

On Swing Pricing and Systemic Risk Mitigation (IMF)