Financial reporting
Auditors need to make friends and influence people – DNB official
Olaf Sleijpen says central banks’ internal referees need to improve their comms and people skills
Police raid Bank of Portugal in €17m fraud investigation
Central bank “fully co-operating” with authorities in IT procurement embezzlement case
MNB funds funnelled through ‘impenetrable’ structure – state audit
Management firm lost “significant amount” of central bank endowment in real estate investment, report finds
Riksbank makes Skr36 million profit in 2024
However, Swedish treasury will not benefit as central bank failed to reach its target equity level
IMF develops stress test for central bank balance sheets
Framework designed to help risk teams determine appropriate profit distributions
IMF staff propose updated ‘new arrangements to borrow’
Fund’s second line of defence is already being scaled back under quota reforms
Central banks face a capital framework imbalance – should we care?
Most economists say clear recapitalisation frameworks are important. But many central banks still lack them
ECCB reports record profit of EC$80.2 million
Central bank attained highest-ever profit in last fiscal year, after loss of EC$54 million
BIS profit rises as balance sheet grows
Institution close to completing five-year strategic plan, as deposits hit record high
MNB posts historic $4.74 billion loss in 2023
Central bank act amendment precludes immediate recapitalisation
RBI payout to Indian government more than doubles
Dividend boosts public finances as new government set to take office in early June
Riksbank needs a capital injection, says governor
Swedish central bank estimates it would need close to Skr80 billion
Ghana opposition demands governor resign
Parliamentary leader threatens march after Bank of Ghana reports $5.4 billion loss
Bank of Ghana clarifies losses after Reuters report
Research director explains $5.4 billion loss for 2022 mainly due to debt restructuring
The financial sanctions maze
Anyone affected by Russia-related sanctions knows patience and caution are strongly advised, writes Richard Heckinger
MAS posts record $22.8 billion loss
Managing director Ravi Menon says loss is not a cause for concern
Colombia central bank transfers $1.6 billion to government
Country escapes trend of central bank losses
Central banks should explain why losses are necessary – BIS paper
Policy goals sometimes necessitate losses but they need to be accompanied by clear communications
Federal Reserve saw fall in profits in 2022
Central bank remitted $76 billion to US Treasury, but has been in red since September
Bank of Canada posts first quarterly loss in its history
“We do not make policy to maximise our income,” says Macklem
Powell divests municipal bond holdings
Fed chair acted early to comply in with new ethics code at Federal Reserve