Accountability
RBI standoff ends in compromise after marathon meeting
Nine-hour meeting ends in agreement, but government extracts concessions on key issues
Rajan sees room for disagreement between RBI and government
But former governor says triggering Section 7 would be cause to be “very worried”
Acharya makes pointed defence of RBI’s independence
Governments may “ignite economic fire” if they undermine the central bank, deputy says
BoE sparks controversy over expenses disclosure
Governor Carney and two external advisers in the spotlight for large expenses bill
Is Donald Trump undermining the Fed’s independence?
Persistent commentary could impact policy-making, but dialogue is necessary, says one observer
RBI’s Patel stresses value of ‘preventive vigilance’
Good outcomes more likely when actions subject to scrutiny, governor says
European Commission proposes AML powers for EBA
Jean-Claude Juncker sets anti-money laundering as a priority for the European Union
Bank of Israel criticises government’s defence spending plans
Outgoing governor Flug also disagrees with finance ministry’s low-tax policies
Erdoğan tightens grip on central bank with sweeping decree
President amends central bank law to hand himself key powers over institution’s governance
ECB’s next president should not be part of G30 – EU ombudsman
Watchdog says central bank is “in denial” over Draghi’s membership
Paul Tucker: UK supervisors’ powers may go too far
Former BoE deputy says some central banks have too much power and not enough accountability
Powell says central banks cannot take independence for granted
Leading governors reflect on the future of central banking at Riksbank’s 350th anniversary
Book notes: Unelected power by Paul Tucker
Tucker’s well-argued text sets out set of principles for those in unelected positions of power to ensure they continue to act for benefit of general public
Bank of England should have ‘green’ mandate – report
Activist group says BoE should put climate sustainability on par with price stability
UK regulators fine Barclays chief for whistleblowing failure
PRA and FCA say Jes Staley undermined protections for whistleblowers
Issing sees ‘uncertain future’ for central bank independence
The eurozone architect warns central banks open themselves to political attack if they overreach
Book notes: A diary of the euro crisis in Cyprus
Panicos Demetriades’s book tells the inside story of the Cypriot crisis
Bank of Mongolia gains greater independence under new law
Government and politically connected businessmen had been dipping into central bank funds
Populism challenges central banking independence, Bruegel says
Brussels-based think-tank gathers various works on the matter
Fed’s Dudley says Puerto Rico must ‘start from scratch’
Territory must face up to “painful” decisions to tackle debt and infrastructure problems
Sarb triumphs over public protector in latest ruling
Mkhwebane ordered to pay opponents’ legal costs as judge rules investigation was “unacceptable”
Experts’ panel appointed for RBNZ mandate review
A panel of three external experts will provide report to Minister of Finance
Sarb rejects postponement calls from public prosecutor
Central bank does not accept Mkhwebane’s latest court request
SNB’s Jordan defends central bank independence
In contrast to monetary policy, macro-prudential should also be shaped by government