Governance
Navigating the digital transformation at Deutsche Bundesbank – an update
Joachim Wuermeling explains how the Covid-19 pandemic and other developments have affected the German central bank’s digital transformation during the past two years
Norwegian government appoints former PM as governor
Critics say Nato head Stoltenberg is close to governing party but finance minister praises his "rare skills"
Rosanna Costa named governor of Central Bank of Chile
Outgoing president appoints first woman after Mario Marcel leaves to join government
Suriname courts convict second former governor
Van Trikt receives eight years in prison, weeks after Hoefdraad sentencing
Liberian central bank publicly burns outdated currency
Move aims to rebuild public trust after long-running “missing banknote” controversy
Lebanese president accuses central bank of obstructing audit
Judge issues summons for governor as staff refuse to share data for long-delayed audit
People: RBNZ completes leadership reshuffle
RBNZ sources assistant governor from private sector; Basel Committee names-secretary general; and more
Honduran president appoints new governor
Rebeca Santos was finance minister and faced fraud charges over political dispute
Polish president nominates governor for second term
Opposition politicians criticise Glapiński over rising inflation and claims of bias
Pakistan passes central bank autonomy law
Senate approval brings country closer to meeting IMF loan requirements
Sri Lanka raises rates as food prices rise sharply
Governor says country does not need IMF aid despite minister warning of potential energy blackout
Two-thirds of central banks have a centralised risk unit
Central banks with a centralised risk unit tend to use KRIs
Long-serving Bank of Uganda governor dies
Emmanuel Tumusiime-Mutebile sometimes courted controversy, but he also worked hard to defend the central bank’s autonomy
People: NGFS names Menon as chair
Armenia appoints a new deputy governor and the Polish senate approves two for the MPC
Risk management salaries tend to increase with team size
Median salary among respondents was $30,000
Turkish MPC holds rates after sharp inflation rise
Central bank announces $5 billion UAE swaps deal as Erdoğan seeks currency from Turkish allies
Chilean governor leaves central bank to become finance minister
Mario Marcel led central bank through period of social unrest and Covid-19 pandemic
Mozambique’s government owes central bank over $600 million – auditors
Auditors say government is obliged to compensate central bank over forex movements
Brazil central bank employees join strike action
Public sector workers walked out on January 18 to protest refusal to increase pay
Responsibilities and risk management changed at 43% of central banks
Responsibilities modified over last two years required parallel developments in risk management
Pakistan’s central bank asks government to rethink Afghan scheme
Channelling donations to Afghanistan might violate international regulations, central bank warns
Minority of central banks define project risk appetite
Institutional risk and delegated risk appetites defined more often
ECB criticises Polish law on cash use
Frank Elderson says law “may not be in public interest” and says government failed to consult ECB