Financial reporting
UK government pledges economy-wide climate disclosures by 2025
FCA says firms worth $3.8 trillion will disclose climate risks over next three years
RBI to pay out $7.6 billion to cash-strapped government
Central bank maintains capital at lower bound of specified range
How will Covid-19 hit central banks’ financial results?
The Covid-19 crisis has affected central bank incomes from seigniorage and other sources. But by how much, ask Zbigniew Polański and Mikołaj Szadkowski
IMF publishes transparency code for central banks
Updated framework aims to help central banks rank themselves against best practice
Lebanese central bank faces audit as crisis deepens
Inflation is spiralling and IMF talks have yet to result in a bailout package
BIS suspends dividend to prepare for further Covid-19 strains
BIS will not pay dividend for first time since 1950, as senior managers see further turbulence ahead
ECB reallocates subscribed capital after Brexit
Eurozone central banks will increase their total paid-up capital by €1.2 billion over the next two years
Liquidity operations squeezed Fed’s net income last year
Repurchase agreements cost the Fed $6 billion in 2019, preliminary results show
KYC initiative could help stem correspondent banking decline
South Pacific KYC utility will be based on digital identification databases; decisions on minimum data requirement yet to be made
CBRT to hand over profit and reserves to government
Law change permits government to dip into central bank’s reserves
A spotlight on IPSAS Draft 69
Proposed accounting guidance for specific instruments by the Public Sector Accounting Standards Board may have significant implications for central banks
European Commission mulls climate risk regulation
New green finance strategy could include new climate stress tests – Dombrovskis
Brainard hits back again at ‘tailoring’ regulations
Resolution plan changes and potential loosening of swap margins leave the system less safe, Fed governor warns
RBI hands over chunk of its capital to government
Nearly $25 billion transferred to government as long-awaited Jalan report is submitted
IMF budget flat for another year
Fund faces eighth year with its budget unchanged in real terms
BoE to implement TCFD climate impact recommendations
Mark Carney unveils UK central bank’s move at NGFS event in Paris
Central Bank of Iran may be forced to print money to pay government
Governor warns lawmakers that forcing CBI to pay monthly dividend is unwise
Riksbank to transfer Skr3.8 billion to Treasury
Profits have varied widely in recent years
RBI boosts Modi’s coffers with early dividend
Interim payout is larger than in 2018 and comes ahead of general election
Turkish central bank makes early payout to government
Extraordinary general meeting sees CBRT agree to similar actions in future
Turkish central bank to hold extraordinary general meeting
January meeting likely to see early profit distribution to government, ahead of local elections
Report reveals damage caused by Bank of Mongolia’s ‘quasi-fiscal’ policies
Discontinued policies may have undermined key parts of the central bank’s mandate, created inflation and generated huge losses, report finds
Auditors call for BoE to do more to modernise working practices
Complex, outdated and overly manual processes are adding to costs, says report
Bank of Canada publishes 30 years of staff forecasts
Online database “further step” in transparency efforts, deputy governor Wilkins says