News in Systemic Risk: Wednesday, November 1, 2017 (10 a.m. ET)

Liquidity Stress Tests for Investment Funds: A Practical Guide (IMF)

PRA Publishes Framework for Authorisation and Supervision of Insurance Special Purpose Vehicles (Bank of England)

US Banks Fight EU Proposal to Limit Damage of Bank Runs (FT)

With Two Months to Go, U.S. Faces ‘Mad Dash’ to Adjust to MiFID (Bloomberg)

Vocal, Powerful Critic of Wall Street Rules Leaving Congress (Reuters)

GOP Rep. Jeb Hensarling of Texas Won’t Seek Re-Election (WSJ)

Good News for Overburdened Small Banks if Powell Picked for Fed Chair (Reuters)

China’s Push to Lower Debt Levels Boosts Results at Big Banks (WSJ)

Bank of England’s Cunliffe Sees Limits to EU Supervision of Clearing Houses (Reuters)

LSE Admits EU Supervisory Case on Repo Market after Brexit (FT)

Banks Stagger Brexodus as EU Regulators Consider Grace Period (Reuters)

BoE Calls for Brexit Withdrawal Bill to Address Cross-Border Financial Contracts (FT)

Post-Brexit Financial Regulation Cannot Be Left to Negotiators (FT)