News in Systemic Risk: Wednesday, July 5, 2017 (10 a.m. ET)

Toxic parts of ‘shadow banking’ no longer pose systemic risk, regulators say (Financial Times)

Lloyds Banking Group shakes up senior management (Financial Times)

Expanded asset purchase programme (ECB)

Jerome H Powell: Central clearing and liquidity (Bank for International Settlements)

China to Hold High-Level Meeting Aimed at Streamlining Financial Regulation (WSJ)

Brexit Could Cost Banks $17 Billion (WSJ)

EU approval of Monte Paschi restructure paves way for state control (Financial Times)

How Monte dei Paschi Ended Up on the Verge of Nationalization (WSJ)

Monte Paschi to Reduce 5,500 Jobs, Assets in Rescue Plan (Reuters)

Italian Banks Hit Reset as Taxpayer Billions Bail Out Lenders (Bloomberg)

ECB supervisor defends role in Italian banking crisis (Financial Times)

BoE demands bank response to consumer credit concerns (Financial Times)

FSB's Carney Warns G20 Growth at Risk From Reform Fatigue (New York Times)

Risks remain amid the global recovery (Financial Times)

New era for financial regulation as top rulemakers step down (Financial Times)

Financial regulation after the crisis: still liberal, but… (OECD)

How is the financial system safer? (Financial Stability Board)

Is the financial system simpler? (Financial Stability Board)

How have the reforms made the financial system fairer? (Financial Stability Board)