News in Systemic Risk: Tuesday, July 18, 2023 (10:00 a.m. ET) July 18, 2023 Climate-Related Financial Risks (Michael S. Gibson; Federal Reserve) FSB finalises global regulatory framework for crypto-asset activities (Financial Stability Board) IMF Managing Director Kristalina Georgieva Urges G20 Leadership to Strengthen the Global Financial Safety Net (IMF) Big Banks’ Earnings Have Some Bad News for Smaller Banks (Telis Demos; Wall Street Journal) US bank mergers frozen by capital rules, regulatory uncertainty (Tatiana Bautzer and Saeed Azhar; Reuters) Related Stories THE WASHINGTON POST: Do the facts support Trump’s claims? We asked AI. A New Application Structure and Other Updates from the GBS Program A New Application Structure and Other Updates from the MAM Program