Accountability
Legal independence ‘not 100% insurance’, warns Posen
Academic says central banks must look at political context when policymaking
Book notes: The myth of independence, by Sarah Binder and Mark Spindel
Politicians would do well to heed the authors’ lessons, but their economic analysis could be stronger, writes Niels Bünemann
Court dismisses ‘irrational’ Sarb mandate challenge
Judge rules against South African public protector’s attempt to change the Sarb’s mandate
Book notes: The Spider Network, by David Enrich
A thrilling exploration of one of the largest financial scandals in history
BoE to appoint ‘conflicts officer’ following review
Compliance review revealed there was a lack of understanding around reporting conflicts of interest
Fed would remove Wells Fargo board if ‘appropriate’, says Yellen
Fed chair asked why stricter penalties had not been imposed after bank opened millions of fake accounts
Sarb monetary policy committee does not suffer from ‘groupthink’ – Kganyago
Sarb governor says there are often disagreements when it comes to policy decisions
More regulation ‘may not fix problematic conduct’, says Sarb’s Mminele
Deputy governor appeals to the entire financial market to challenge current culture
Deutsche Bank fined further $41 million by Fed
US central bank finds fault with banking giant’s AML function
Bank Negara Malaysia to ramp up misconduct supervision, says Ibrahim
Shocking survey results shows 15% of respondents would act ‘unethically’ when not being monitored
Norges Bank board to meet more and publish minutes
Øystein Olsen says Norwegian central bank is looking to be more transparent
New Zealand takes step towards new FMI framework
RBNZ and FMA in line for new regulatory powers
Bank of Lithuania tailors new website to different audiences
Presentation of statistics overhauled to meet different needs
BBC claims ‘secret recording’ implicates BoE in Libor scandal
Phone conversation transcript suggests government and Bank of England put pressure on Barclays to lower its Libor submission
PRA and FCA to investigate Barclays’ chief executive
Jes Staley comes under fire for undermining whistleblowing regime
Carney: no double standards on conduct at BoE
Governor says central bank held itself to even higher standards than it expects of regulated firms
Hogg admits to breaching BoE’s code of conduct
New deputy governor says she failed to declare her brother’s role with Barclays
Hogg stresses readiness to resist groupthink at BoE
New joint deputy and COO says she is willing to stand up to Mark Carney
MAS forms council to toughen corporate governance code
Ageing code of corporate governance needs to be updated, authority says
IMF warns Bank of Mongolia against fiscal financing
Latest round of funding contingent on central bank making changes, mission chief says
Central bank of the year: Bank of England
The Bank of England has undergone a major restructuring in recent years
Barbados’s Worrell told to resign or be fired
Court blocks dismissal until February 22
Fresh investigations into Sri Lankan bond scandal launched
Central bank and Sri Lankan president both investigating possible malpractice
Lagarde guilty of negligence, court rules
IMF chief found guilty of negligence but is not punished