News in Systemic Risk: Friday, August 30, 2024 (9:45 a.m. ET) August 30, 2024 PBoC stress-tests financial institutions’ bond holdings (Jimmy Choi; Central Banking) Relaxation of the Terms and Conditions for the Securities Lending Facility for the Cheapest-to-Deliver Issues (Japan Financial Services Agency) China’s Central Bank Starts Govt Bond Trading in Highly Anticipated Move (Wall Street Journal) SEC Charges China-based QZ Asset Management Ltd. and its CEO in Pre-IPO Fraud Scheme (Securities and Exchange Comission) Exorbitant privilege and the sustainability of US public debt (Jason Choi, Duong Dang, Rishabh Kirpalani, Diego Perez; VoxEU) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook Fed Official Michael Barr Provides an Inside Look at Crisis Response High School Students Visit Yale SOM for Introduction to Careers in Business and Economics