Top story

Central Bank of Hungary makes ‘criminal complaint’ against board member

Central Banks | 23 Apr 2014 secure

Hungary’s central bank has made a ‘criminal complaint’ against one of its own staff members, as well as a media outlet, over allegations about its use of public funds

Topics: Hungary, Central Bank of Hungary



Independence no substitute for rules-based policy

Thomas Cargill summarises the conclusions of four papers by world-leading economists on the issue of central bank governance and finds independence is overrated

Central Banking Journal | 17 Feb 2014

Gary Smith

Sovereign Wealth

Reassessing the sovereign investor nexus

As sovereign assets continue to grow, managers look set to adopt multi-asset investment approaches that are more closely associated with defined-contribution pension plans

Central Banking Journal | 17 Feb 2014

Richard Barwell


A new vision of the Old Lady

The strategic review at the Bank of England represents an opportunity to create an ‘Economics Directorate’, a research department and an external policy unit, writes Richard Barwell

Central Banking Journal | 14 Feb 2014



Website of the year: Bank of Spain

The Spanish central bank demonstrated formidable attention to detail in the design of its website, producing an end-product that is both well-designed and simple-to-use for all end-users

Central Banking Journal | 13 Jan 2014

Photo by David Lundberg


Transparency award: Sveriges Riksbank

Sveriges Riksbank, the Swedish central bank, plays a pioneering role in central bank openness and clear communications

Central Banking Journal | 13 Jan 2014

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Conferences & Symposiums:


National Asset-Liability Management Americas
22 - 23 May 2014
Four Seasons Hotel Mexico, D.F.

National Asset-Liability Management Asia
23 - 24 July, 2014
The Grand Hyatt Hotel

Seminar Series:

Spring Training Series 2014

Week One, 29 April - 2 May 2014:

  • Strategic Planning and Change Management for Central Banks
  • New Developments in Banknote and Currency Management
  • Financial Stability: Designing and Implementing Macroprudential Policy

Week Two, 6 - 9 May 2014:

  • Central Bank Governance: the Role of the Board
  • Central Bank Statistics: From Data Delivery to Analytical Value Add
  • AML & CFT: Implementing a Risk-Based Framework 
  • Effective Internal Audit for Central Banks





Central Banking books


Central Bank Directory 2014

By Martina Horáková and Amy Jordan

Latest journal

Central Banking

Christian Noyer at the Banque de France


The latest issue of the Central Banking journal includes two interviews. Christian Noyer of Banque De France speaks about the restructure of the bank whilst the Central Bank of Oman’s executive president, Hamood Sangour Al Zadjali, tells how he is moving to improve governance, liquidity management and Islamic finance. Thomas Cargill summarises the conclusions of four papers on the issue of central bank governance whilst Richard Barwell looks at the strategic review of the Bank of England and what opportunities it brings. Gary Smith reassesses the sovereign investor nexus. This issue also contains features from the Central Banking Awards 2014 with stories of all the winners, including governor of the year, central bank of the year and lifetime achievement.

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Is the Bank of England’s second “phase” of forward guidance:

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