Publications

Reducing and sharing the burden of bank failures

Higher capital requirements, bail-in and resolution funds are shown to substantially limit potential government contingent liabilities stemming from failures in the European banking sector. Losses are being shifted from taxpayers to bank creditors and, while this is desirable, they do not disappear. Several challenges in implementing bail-in remain and further efforts are necessary to make them work effectively in practice.

Evaluating capital flow management measures used as macro-prudential tools

Earlier OECD research has shown that capital flow management measures that are used as macro-prudential measures, including currency-based restrictions applied to banks’ operations also with non-residents, have the intended negative impact on capital account openness as measured by covered interest parity indicators. But what is their impact as macro-prudential tools to improve resilience to financial stability risks?

Financial Education in Europe - Trends and Recent Developments

Public consultation on a draft Recommendation on Disaster Risk Financing Strategies

The OECD invited public comment on an update of the Recommendation of the Council on Disaster Risk Financing Strategies between 15 January-15 April 2016. The consultation is now closed.

The OECD Code of Liberalisation of Capital Movements: OECD report to the G20, April 2016

This OECD report was presented at the G20 meetings in Washington on 13-15 April 2016. The report provides an update on recent developments concerning the OECD Code of Liberalisation of Capital Movements, in particular the launch of the review of the Code.

Environmental Lending in EU Eastern Partnership Countries