News in Systemic Risk: Tuesday, August 13, 2024 (9:45 a.m. ET)

ESMA recognises CDS Clearing and Depository Services as Tier 1 CCP following MoU with the British Columbia Securities Commission (European Securities and Markets Authority)

PBoC looks into narrowing interest rate corridor (Jimmy Choi, Central Banking)

Russian Banks Scramble for Yuan as Liquidity Shortfall Doubles (Bloomberg News, Bloomberg)

China’s Central Bank to Examine Financial Institutions’ Bond Risks (Wall Street Journal)

Investors return to bonds as recession fears stalk markets (Kate Duguid, Harriet Clarfelt, Financial Times)