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CGFS pushes central banks to prepare market-making crisis measures

Financial Stability | 24 Nov 2014

BIS committee warns of ‘bifurcated’ liquidity and suggests central banks prepare crisis measures to support market-making, including the potential for direct intervention in critical markets

Topics: Bank for International Settlements, Liquidity, Financial crisis

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Dr Kingsley Moghalu

Reserves

Dealing with an age of turbulence in emerging markets

Nigerian deputy governor details the options available to emerging markets when reacting to changes in developed-world monetary policies and associated fund movements

Central Banking Journal | 20 Nov 2014

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Governance

The ECB's approach to central banking without data borders

Data sharing and access to confidential information – on a need-to-know basis – remain a legal, cultural, technical and organisational challenge at the ECB and elsewhere, writes Aurel Schubert

Central Banking Journal | 19 Nov 2014

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Collateral Risk Management

Assessing credit risk post-crisis at a central bank

Eric Wolfe explains how the Bank of Canada has developed its own credit assessment processes to avoid mechanistic reliance on credit rating agencies.

Central Banking Journal | 19 Nov 2014

Reserves

Czech currency intervention and forex reserves

Michal Skorepa and Mojmír Hampl explain how the Czech National Bank’s activities have directly and indirectly affected the value of the koruna, including the impact of direct interventions in 2013

Central Banking Journal | 19 Nov 2014

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Central Banks

The global financial architecture is broken

Central banks have taken over from Bretton Woods institutions in a multipolar world where actors are increasingly fearful of dealing in G-4 currencies, writes Andrew Sheng

Central Banking Journal | 20 Oct 2014

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Central Bank Directory 2015

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Latest journal

Central Banking

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CENTRAL BANKING VOL.XXV.1

The latest issue of the Central Banking journal is particularly special as it marks our 25th anniversary of publication. To celebrate this we have assembled an exceptional issue that is packed full of insight from top names in the central banking industry. We speak exclusively to central bank governors Raghuram Rajan, Agustín Carstens and Ravi Menon. In addition, the 25th anniversary issue features articles form Bank of England's Andrew Haldane, the governor of the Bank of Italy, Ignazio Visco, Harvard University's Richard Cooper, the head of the monetary and economic department at the Bank for International Settlements Claudio Borio, the Banque de France's Anne Le Lorier,the governor of Bangladesh Bank Artiur Rahman, and Benoît Couré of the European Central Bank. We also take a look at 25 of the most significant events to have shaped the official sector during the past 25 years.

Poll

How should central banks respond to the rise of virtual currencies such as bitcoin?