News in Systemic Risk: Friday, September 19, 2025 (9:45 a.m.) September 19, 2025 Resilience pays: the strategic value of regulation and supervision (Erik Thedéen; BIS) Enhancing supervision: challenges and opportunities for the EU (FSB) Book notes: Private finance, public power: a history of bank supervision in America, by Peter Conti-Brown and Sean H Vanatta (Central Banking) The effects of monetary policy on banks and non-banks in times of stress (Anisa Tiza Mimun, Gábor Fukker, Matthias Sydow; European Central Bank) The importance of the SSM’s fitness and propriety work for banks’ performance – evidence from 10 years of SSM work (Vivian van Breemen, Francesca Faella, Christopher Scheins, Claudia Schwarz; European Central Bank) 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