Articles by Central Banking Newsdesk
G-30 report emphasises importance of qualitative aspects to supervision
Group of 30 working group on corporate governance says qualitative as well as quantitative measures are required to enhance governance
CPSS and Iosco set out central bank responsibilities for FMIs
CPSS and Iosco issue new standards for financial market infrastructures; include core responsibilities for central banks and other supervisory bodies
Bernanke defends Fed’s response to financial crisis
Fed chairman defends actions taken before and during global financial crisis; offers justification for Fed response to struggling systemically important firms
Bank of Korea to invest in renminbi in 2012
Head of reserve management Heung Sik Choo confirms Bank of Korea will make first investments in Chinese renminbi this year
Sarb investigation finds low-quality proof Krugerrand coins
Investigation into SA Mint Company uncovers low-quality proof Krugerrand coins may have been casted between April 2011 and May 2011; dealers offered chance to return coins
Fed research examines supply-side changes in US housing market
New York Fed staff paper studies impact of supply-side changes to US housing market on the creation of a house price bubble
Prasarn confirms Thai participation in Chinese markets
Bank of Thailand governor hails economic links between China and Thailand as central bank opens first Chinese office
Riksbank research highlights significance of output gap for policy makers
Swedish central bank working paper explores output gap as a tool for measuring economic activity; concludes that policy makers should focus more on output gap in forming monetary policy
RBI deputy governor emphasises role of state regulators in forex markets
H R Khan says market participants must work with supervisors and regulators rather than pursue self regulation
Reserve Bank of India writes to banks about electronic payments
Indian central bank asks banks to accept electronic transfers for credit to loan accounts, following complaints from customers
Basel Committee highlights resource challenges in stress testing
Basel Committee on Banking Supervision releases peer review of implementation of stress-testing principles; reveals resource concerns at both banks and supervisory level
Riksbank establishes financial stability communication policy
Swedish central bank publishes new financial stability communications policy; supplements the general policy in place at the Riksbank
Plosser says more 'can and should be done' to aid Fed transparency
Philadelphia Fed president urges the Federal Reserve to do more on transparency; says a quarterly monetary policy report should be published
Fed’s Dudley airs fears over economic 'headwinds'
New York Fed president says rising gasoline prices and housing market weakness are significant headwinds to economic growth
BoJ’s Miyao says deflation 'overriding issue' in Japanese economy
Bank of Japan policy board member says if the central bank pursues its monetary policy solely to meet inflation target, it would harm the development of the economy
BIS working paper focuses on Asian credit booms
Bank for International Settlements research finds international credit booms foster domestic credit surges in developing Asian economies
ECB’s Cœuré urges governments and banks to act
Benoît Cœuré says monetary policy alone cannot solve eurozone crisis; highlights need for banks and governments to play a role in addressing causes of problems
Asmussen offers ECB's take on Irish path to recovery
Jörg Asmussen says Ireland has come a long way but still has work to do; expresses confidence further emergency support from eurozone will not be necessary
Lagarde hopes for progress on IMF resource increase
IMF managing director sets out hopes for Spring Meetings; wants to see increase in resources and emerging market representation reform agreements
Norges Bank withdraws coin from circulation
Norwegian central bank issues reminder that 50-øre coin will no longer be legal tender after May 1; urges public to spend or exchange the coins ahead of that date
Beige Book signals modest US growth
Federal Reserve summary finds modest growth reported by all districts amid concerns about petroleum prices; manufacturing sector expansion also noted
Fed’s Yellen discusses timeline for interest rate change in US
Federal Reserve vice-chair says gradual pace of recovery means interest rates likely to remain low until late 2014
IMF working paper discusses cashflow sensitivity since financial crisis
IMF research links firms' cashflow sensitivity and their ability to use physical assets as collateral since the financial crisis
EBA chair wants flexible approach to macro-prudential regulation
Andrea Enria advocates flexible approach to macro-prudential regulation within the EU; says flexibility should not threaten the EU single market