Call to fully implement global rules follows recent delays, revisions
March 2023 bank failures echoed lessons on incentives from financial crisis
System remains fragile as growth slows, geopolitical uncertainty rises
Fed regulator made US$771,678 trading on inside information about banks
Transition risks alone not severe, but macro shocks could amplify threat to financial system
Policy work has made progress, but slow adoption leaves system vulnerable
Central bankers group also names new general manager, re-elects chair
Few companies fully reporting voluntarily, mandatory standards scarce
U.K.'s FCA fines bank over faulty automated transaction surveillance system
Macro environment, banking sector shifts underpin solid growth — but risks remain