News in Systemic Risk: Thursday, December 4, 2025 (9:45 a.m.) December 4, 2025 Interview with Piero Cipollone, Member of the Executive Board of the ECB, conducted by Takerou Minami on 26 November 2025 (Piero Cipollone; European Central Bank) Banks’ regulatory risk tolerance (Mikael Juselius, Aurea Ponte Marques, and Nikola Tarashev; European Central Bank) Advisory Scientific Committee publishes report on artificial intelligence and systemic risk (European Systemic Risk Board) Revista de Estabilidad Financiera. Número 49. Otoño 2025 (; Banco de España) Bank of England launches system-wide exploratory scenario exercise focused on private markets (Bank of England) APRA finalises changes to phase out Additional Tier 1 capital instruments (Australian Prudential Regulation Authority) Bank of England to consult major private credit groups on stress test (Martin Arnold; Financial Times) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability
Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk
Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability
High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability