Accountability
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
Doubts emerge over RBNZ mandate plans
Acting governor Spencer says dual mandate would have little impact, but expresses concern over committee structure
Banks will continue to gamble with public money, says Gordon Brown
Former UK prime minster says lax punishment of banks has left risky culture intact
Updated: Public prosecutor calls for conditional prison sentence for Tromp
Emsley Tromp was dismissed from the central bank in September following investigation
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