The Deutsche Bundesbank welcomes today’s publication of NPL data templates by the European Banking Authority (EBA). The templates will create the foundation for NPL transactions across the EU.

The Bundesbank and the Federal Financial Supervisory Authority (BaFin) have welcomed the endorsement of the Basel III reform package, which will see new capital adequacy rules for banks come into force in 2022, with phase-in arrangements lasting until the end of 2026. Commenting on the reform, Bundesbank President Jens Weidmann says a major lesson has been learned from the financial crisis.

Bundesbank Executive Board member Joachim Wuermeling says that sustainability standards need to be developed for the investment of public funds in Germany. There is, he argued at the Bundesbank’s inaugural Portfolio Day in Frankfurt am Main, a sound economic rationale for investing sustainably: "It’s not a ‘green cherry on the cake’ for those who can afford it."

Tharman Shanmugaratnam, Singapore's Deputy Prime Minister and Coordinating Minister for Economic and Social Policies, advocated strengthening inclusive growth. Leaving everything to the markets has failed, he said in a lecture held at the invitation of the Bundesbank at the Goethe University in Frankfurt.

On 1 December, Germany handed presidency of the G20 over to Argentina. The priorities of Argentina’s presidency in the Finance track will be "The future of work" and "Infrastructure for development".

Given the upbeat prospects for the economy as a whole, there is little risk to the stability of the German financial system at present. Yet with interest rates sitting at low levels for years now and the economy in such robust shape, there is a danger that market participants might underestimate the risks to financial stability, the Bundesbank cautions.

Bundesbank Executive Board member Andreas Dombret takes a positive view of the latest reforms in banking regulation. Speaking at an event in Frankfurt am Main, he noted that an effective and, at the same time, balanced path had been taken. He reminded the audience that the agreed reforms now need to be rigorously implemented.

Executive Board member Carl-Ludwig Thiele hailed the success of the TARGET2 payment system as he marked ten years since its launch.

At a two-day research conference hosted by the Bundesbank, the Halle Institute for Economic Research and the Centre for Economic Policy Research, academics discussed the opportunities and challenges that regulatory reforms and new technologies present for the future of financial intermediation.

The exhibition "Geldmacher" (Money maker) is open to visitors to the Money Museum until 25 February 2018. No fewer than 300,000 banknotes printed by Frankfurt artist Michael Riedel are on display. This is the first time an exhibition organised by the Bundesbank has been made accessible to the general public.