Articles by Central Banking Newsdesk
People: Elderson approved as vice-chair of ECB supervisory council
Former Canadian deputy Wilkins joins insurance company; Japan nominates new policy board member; Rwandan deputy gains role at African Union Commission; and more
Taiwan governor optimistic over US currency dispute
Yang says country meets ‘currency manipulator’ criteria but adds he does not expect sanctions
Riksbank renews Covid-19 lending facilities
Riksbank extends $60 billion facility and will penalise banks that do not lend to non-financial firms
Expectations play key role in policy transmission – BoE paper
Authors use high-frequency data to assess importance of term premia and expectations
Pakistan government approves SBP autonomy law
Bill should secure central bank independence as required under IMF conditions, if it passes
Bank of Canada holds policy rate steady
Economy improving, but central bank sees “considerable economic slack” and “great deal of uncertainty”
BoE paper outlines new theory of automation and inequality
Authors highlight “new theoretical mechanism” linking automation to higher wealth inequality
RBNZ winds back pandemic liquidity support
Use of two facilities has been “very low” in the last six months, RBNZ official says
Bank of Israel hails milestone in move to ‘smart payments’
Central bank is pushing transition to EMV payments that allow contactless transactions
‘Do bank supervisors wear too many hats?’ asks BIS paper
Many countries require array of mandates beyond “safety and soundness”, authors say
Venezuela releases three new banknotes amid hyperinflation
High-denomination notes reflect ongoing surge in prices
Israeli reserves surge to new record high of $185 billion
International reserves portfolio reaches 46% of GDP
Sri Lankan central bank launches national financial inclusion strategy
Project aims to bring together “isolated efforts” on financial inclusion under central bank’s lead
Link between poor culture and higher bank risk ‘substantial’ – BoE paper
Regulators should ‘interrogate’ firm data to improve bank risk models, economists argue
MAS shakes up senior management
MAS reshuffles leadership, appointing Ho Hern Shin as new deputy managing director of financial supervision
CBRT’s Ağbal says central bank must aim for ‘permanent price stability’
Governor’s blog post marks new form of communication by senior executives
UK regulators fix end date for Libor
Most Libor settings will cease at the end of 2021 as Bailey tells firms to finish their transitions
Bundesbank retains profits to build up risk provisions
Weidmann says risk provisioning is “first step” due to increased exposure on policy portfolio
IMF staff suggest changes to Paraguyan supervision
Report calls for new pension fund supervisor and better supervision of non-banks
SEC task force to enforce green and ESG rules
US regulator says task force aims to “proactively address” disclosure gaps
Cash in circulation to remain elevated, Bank of Canada research says
Withdrawal and deposit relationships and high denominations to blame
BIS paper proposes solution to ‘runnable brown assets’
Central bank liquidity backstop could boost stability and encourage firms to go green, authors say
UK’s FCA appoints five women to senior roles
Regulator appoints chief operations and data officers, executive directors and market oversight chief
NY Fed names new first VP
Naureen Hassan joins NY Fed; Philippines and Chile appoint new officials