News in Systemic Risk: Tuesday, January 16, 2024 (10:00 a.m. ET) January 16, 2024 BCBS-CPMI-IOSCO publish consultative report on transparency and responsiveness of initial margin in centrally cleared markets (Bank for International Settlements) Unremunerated reserves in the Eurosystem, part 1: Heads I win, tails you lose (Robert McCauley, Julien Pinter; VoxEU/CEPR) Unremunerated reserves in the Eurosystem, part 2: Tax incidence and deposit relocation risks (Robert McCauley, Julien Pinter; VoxEU/CEPR) Fed Tiptoes Toward Dialing Back Key Channel of Monetary Tightening (Nick Timiraos; WSJ) Beijing tells some investors not to sell as Chinese stock rout resumes (Hudson Lockett, Joe Leahy; Financial Times) Fund managers urge European regulators to mirror US move to T+1 (Rober Van Egghen; Financial Times)
