Articles by Central Banking Newsdesk
Wright secures top secretariat job at Iosco
European Commission veteran David Wright is leaving academia to become the new secretary general of the International Organization of Securities Commissions
Boston Fed investigates effects of credit scores on payment choice
Discussion paper finds evidence to back anecdotes that debit card use is negatively impacted by poor credit scores
Riksbank submits proposal to transfer allocation of profit to Treasury
Swedish central bank plans to transfer Skr7.5 billion to Treasury; full plan to be revealed at end of March
UK banks miss 'Project Merlin' lending targets
Results of 'Project Merlin' show bank net lending fell in 2011; major banks missed targets for lending to smaller businesses
Japanese public offers opinions on economic conditions
Bank of Japan publishes results from most recent public opinion survey; many expect to see economic conditions worsen in next 12 months
Central Bank of Ireland reveals enforcement priorities
Irish central bank tells financial service providers what it will focus on in terms of enforcement actions in 2011; warns reactive enforcement will also occur outside of set priorities
Solomon Islands warns of counterfeits and announces new coins
Solomon Islands public warned about counterfeit banknotes in circulation; central bank also announces new coins to be issued
New South African banknotes will portray image of Mandela
First democratically elected president of South Africa honoured in currency redesign; new notes expected by the end of 2012
Central Bank of Iraq signs off plan for new headquarters
Central Bank of Iraq finalises agreement with Zaha Hadid Architects to design new office headquarters in central Baghdad
Shirakawa warns against renewed risk of spillover effects from Europe
Bank of Japan governor Masaaki Shirakawa says Asian banks should pay careful attention to deleveraging by European financial institutions; calls for further efforts to develop corporate bond markets in the region
Azerbaijan central bank deputy governors up for reappointment
Candidates for roles of first and two other deputy governors revealed as existing board members; appointments require full parliamentary support
EBA makes first assessment of banks’ capital plans
European Banking Authority receives recapitalisation plans from majority of banks highlighted in capital shortfall assessment; confirms no EU-wide stress test until 2013
Overburdensome regulation can generate shadow activities, says IMF paper
Fund study says institutions have a larger influence on the size of the underground economy than on tax rates
Stock markets react strongly to news about Greek bailouts, says Netherlands Bank paper
Netherlands Bank study says news about Greek bailouts rather than Greek fundamentals have a significant effect on bank stock prices
SF Fed’s Williams supports buying-up mortgage-backed securities
Federal Reserve Bank of San Francisco president John Williams says restarting the Fed’s programme of purchasing mortgage-backed securities is the best way to boost the US economy
Investors were ‘fooled by search’ in US housing, says Bank of Canada paper
Bank of Canada study says search frictions in the housing market contributed significantly to the housing bubble in the US over a decade
BoE boosts QE by £50 billion
Bank of England increases the size of its Asset Purchase Programme to £325 billion as forecasts show inflation in the UK is likely to undershoot its target in the medium term
Ukraine deputy governor resigns
National Bank of Ukraine quietly replaces Volodymyr Krotiuk as deputy governor; offers no explanation as director of financial department takes over the role
IMF paper captures spillover effects from tougher capital rules
Fund study shows international spillover effect from higher capital requirements typically account for 20-25% of the total impact on output
Canada’s Macklem supports greater autonomy for FSB
Bank of Canada senior deputy governor, Tiff Macklem, says expansion of resources at Financial Stability Board will enable it to better co-ordinate, monitor and assess financial reforms
Central Bank of Ireland searching for new headquarters, says Honohan
Central Bank of Ireland governor Patrick Honohan says central bank is looking to move from headquarters at Dame Street tower, but expects to retain building despite unwelcome presence of protesters
Emerging markets benefited from solid balance sheets, says BIS paper
Bank for International Settlements study says Latin American and Asian countries experienced more sustainable levels of credit growth due to healthy balance sheets pre-crisis
EU vows fresh sanctions against Syrian central bank
European Union due to impose freeze on Central Bank of Syria's assets as part of efforts to strengthen sanctions against the Syrian government
EPC outlines new models for mobile payments
European Payments Council requests feedback on new model for contactless and remote mobile payments in Europe; focuses on the preferred type of secure-elements technology used in mobile phones