This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager.
Dismiss

Financial markets' Covid 'dash for cash' shows more central bank tools needed, BOE official says

By Fiona Maxwell ( January 7, 2021, 16:24 GMT | Insight) -- Central banks could play a "market maker of last resort" role in future economic downturns, senior Bank of England official Andrew Hauser suggested today, citing disfunction seen in markets at the height of the Covid-19 pandemic last March. More tools for central banks are needed, he argued, as non-banking entities such as hedge funds and money-market funds are increasingly used for saving and credit products.The vulnerabilities in financial markets exposed by the Covid-19 pandemic and the widespread interventions by policymakers show the need for additional tools for central banks, the Bank of England’s executive director for markets has said....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login