Accountability
Bank of Israel slams critical report into supervision
So-called Tycoon Committee “ignores material facts” and reaches “mistaken conclusions”, says central bank
‘They could do nothing’: insights into political interference at the Fed
Interviews with former Fed chiefs reveal what it is like to be chair when politicians want their way
Brazilian president unveils draft law to increase central bank independence
Draft law would give governor fixed term but nine similar measures have failed since 1991
Families of Liberian central bankers seek funds for legal defence
Some local media outlets allege deaths of central bank staff are linked to scandal
BoE’s independence ‘significantly overstated’ – Sharp
Outgoing FPC member says financial stability independence needs to be protected
South Africa to press ahead with Sarb nationalisation
Governor Kganyago warned in July 2018 nationalisation would be a long and expensive process
South African governor questions ruling party’s pledge to broaden mandate
ANC’s election manifesto called for monetary policy to target employment creation and growth
Portugal’s parliament rejects call for central bank governor to quit
But Carlos Costa will testify before inquiry regarding allegations involving state-owned bank
Irish central bank makes lenders pay €647 million over mortgage scandal
Regulator moves on to enforcement actions after securing compensation for 40,000 customers
Kazakh president piles pressure on central bank to boost growth
Autocratic ruler berates ministers and central bank chief over banks and growth rates
ECB revamps code of conduct for high-level officials
National governors and SSM board members must adhere to policy communication rules
Powell sends cautious message to markets
Bernanke says he and Yellen “very lucky” to have served under presidents who respected Fed independence
Fed independence under renewed fire from Trump
President unlikely to be able to fire Jerome Powell but could exert pressure in other ways, say observers
BoE revamps expenses rules after criticism from MPs
MP says some officials’ expenses claims are “staggeringly high”
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