News in Systemic Risk: Wednesday, November 26, 2025 (9:45 a.m.) November 26, 2025 AI agents for cash management in payment systems (Iñaki Aldasoro and Ajit Desai; BIS) The rise of tokenised money market funds (Matteo Aquilina, Ulf Lewrick, Federico Ravenna and Lorenzo Schönleber; BIS) Agencies issue final rule to modify certain regulatory capital standards (FRB) Acting Chairman Pham Announces CFTC Interpretation to Unlock Over $22 Billion of Collateral and Promote American Competitiveness (CFTC) The life insurance industry’s transformation: financial stability implications (Gaston Gelos and Frank Packer; Central Banking) Cryptogeddon: a user’s guide for central banks (Daniel Blackburn; Central Banking) 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