prudential

“Every jurisdiction and prudential consideration calls for this court to allow the appeal to proceed first in the D.C. Circuit. ‘Haste makes waste’ is an old adage.

“Every jurisdiction and prudential consideration calls for this Court to allow the appeal to proceed first in the D.C. Circuit. ‘Haste makes waste’ is an old adage.

Australia's prudential regulator said in September it would review the rules around AT1 bonds, which were impacted by the collapse of Credit Suisse in March, to determine they were still fit for purpose.

Since then, fears that stablecoins could supplant traditional money have subsided, and the Treasury and Congress have broadly agreed that prudential regulators should oversee them.

"There is a need to discuss introducing a 'prudential monetary policy' with higher consideration on financial stability, in addition to price stability," the central bank said.