Governance
ECB says Romanian government breached EU law over bank tax
Governor again warns emergency tax decree could harm banks and damage monetary policy
Riksbank to transfer Skr3.8 billion to Treasury
Profits have varied widely in recent years
RBI boosts Modi’s coffers with early dividend
Interim payout is larger than in 2018 and comes ahead of general election
People: Stanley Fischer joins BlackRock in advisory role
Veteran central banker moves back to private sector; Jamaica begins search for new governor; El Salvador governor assumes presidency of regional council
Estonian board nominates deputy governor to lead central bank
Candidate must now undergo three months of background checks by security service
Italian political leader suggests taking control of gold away from central bank
Salvini says selling off part of reserves to finance policy is “interesting idea”
Senior Italian government members attack central bank and regulator
Dispute over central bank deputy governor and chief regulator now very likely
Trump administration nominates David Malpass as next World Bank head
Nomination comes despite inaccurate pre-crisis predictions and criticism of global institutions
Latest restructuring boosts the PBoC’s regulatory clout
Hui Feng says the PBoC’s restructuring carries “profound implications” for its policy role
Romanian central bank holds talks with government over tax dispute
National Bank of Romania rejects calls to abolish interbank rate
People: Ghana’s Addison to chair Ecowas governors
Thailand appoints assistant governor; Vietnam announces deputy payments director
BoE’s Taylor says external members are now better prepared
External members are better briefed by BoE staff, but still avoid “group think”
Lack of diversity signals risks, Irish regulator says
Diversity matters to performance, Rowland says, adding the issue is not restricted to gender
Irish central bank makes lenders pay €647 million over mortgage scandal
Regulator moves on to enforcement actions after securing compensation for 40,000 customers
RBI unexpectedly cuts rates as elections loom
Inflation at lowest point for 18 months, but cut will be welcome news for Modi administration
Powell joins Trump for dinner at the White House
Fed puts out statement, as meeting follows regular criticism of the Fed’s interest rate path from the president
People: Israeli deputy to leave the central bank
Baudot-Trajtenberg to step down from deputy governor post; Argentina gets new board director and president of national mint; and more
Australian inquiry calls for major reforms of regulatory culture
Authorities did not enforce laws on financial sector strongly enough, report argues