5  Gambacorta, L. and H. S. Shin (2016), Why bank capital matters for monetary policy, BIS Working Papers No 558, April 2016. 6  The common equity Tier 1 ratio of significant euro area banks reached 13.7% in the third quarter of 2016 against 9% in 2012. The annual growth rate of adjusted MFI loans to non-financial corporations (i.e.
Let me say a few words about the first two and then spend the rest of my remarks on capital requirements, which I know are probably of the greatest interest. About a month ago, the Federal Reserve proposed new reporting requirements specifically for the systemically important insurance companies.