Organisation
Latest restructuring boosts the PBoC’s regulatory clout
Hui Feng says the PBoC’s restructuring carries “profound implications” for its policy role
BoE’s Taylor says external members are now better prepared
External members are better briefed by BoE staff, but still avoid “group think”
PBoC handed leading role in macro-prudential policy
Shake-up of PBoC’s governance structure sees central bank gain macro-prudential department
Fed diversity is focus of new legislation
New bill would ensure at least one gender- and one ethnically-diverse candidate are interviewed
Rise of renminbi prompts central banks to open Asian offices
A total of nine central banks now have offices in Asia
Basel rules force small countries to face irrelevant risks – Bahamas governor
Stress-testing parameters irrelevant for many small jurisdictions, Rolle says
RBNZ makes major changes to leadership structure
Central bank to be headed by a senior leadership team
Canada’s Sabean on tackling a data governance overhaul
The Bank of Canada has been making “significant investments” in data, says senior director
Iceland to merge central bank and regulator
Reforms aim to boost trust in institutions by reforming monetary and macro-prudential policy
Trump nominates former Fed economist for board role
Nellie Liang’s nomination may help the Fed guard against potential future downturns
Economists call for IMF to become like ‘modern central bank’
Growing demands on the fund require a governance revamp, ‘Geneva report’ argues
ESM’s Pacciani says public bodies must balance risk and mission
Public institutions must not lose sight of sound risk management, the chief risk officer says
RBNZ HQ closes for three months after renewed asbestos scare
Around 200 RBNZ employees are again displaced from the Wellington office
Bank of England forms new enforcement committee
Six-member committee will rule on contested enforcement cases
NZ parliament formally launches central bank review bill
The bill is now at the select committee stage, which usually takes around six months
Maldives targets forex shortage with new strategic plan
Central bank wants to tackle dollarisation and forex shortages, and may shake up governance
South African governor warns against nationalisation
Call comes as Sarb’s senior lawyer accuses government ombudsman of lying under oath
T&T central bank establishes formal whistleblowing policy
Employees now have an official framework for reporting incidents anonymously
Malaysian central bank reshuffles senior staff
Supervision function will be strengthened and critical departments will have simpler reporting line
RBNZ plans update to monetary policy and prudential regulation
Changes are among several priorities outlined in 2018–21 statement of intent
Report proposes mandating BoE to target productivity growth
UK opposition says BoE should not have to rely on interest rates to lower inflation
Philippines central bank launches reorganisation
The effort will take 12 months to complete and includes the creation of new functions
Staff begin return to RBNZ HQ after asbestos scare
Central bank has been in “business continuity mode” but some staff have now returned
Bank of Uganda governor hits back at mismanagement claims
Central bank and government ombudsman locked in conflict over staff reshuffle