Organisation
IMF issues warning on Kazakh supervisory overhaul
Authorities should be careful not to undermine the supervisory capacity, staff say
Central banks report sharp improvement in data governance
Progress comes as many central banks complete projects to improve governance
BIS is strengthening ties with the Americas, says Carstens
Expanded role for regional office and potential innovation hub will bring closer ties, general manager says
The Deutsche Bundesbank’s digital transformation
Digital agenda includes re-engineering legacy analytics, processes, innovation management and competency
RBI overhauling approach to risk management – annual report
Initiatives include improvements to enterprise risk management, risk tolerance and modelling
Mark Carney on joined-up policy-making, forward guidance and Brexit
BoE governor rules out negative rates and change to inflation targets, offers update on too-big-to-fail; and more
BoE signs up to LGBT charter
Inclusion is a “critical ingredient” to running a successful organisation, says Sarah Breeden
RBI looks to build domestic trust and global clout with new strategy
Central bank seeks return to stability after problems in non-bank sector and political pressure
Carney pledges BoE will shape ‘future of finance’
BoE wants innovation on balance sheet access, SME credit and climate stress tests
BoE unveils strategic priorities for 2019
Priorities include Brexit, operational resilience, fintech and the renewal of the core payments system
Ghana holds first Financial Stability Council meeting
Council was established after central bank confronted crisis in commercial lenders
BoE agrees to refine stress-testing in light of review
Independent report says stress-testing is working, but there is room for improvement
Politicians pressured Sarb to help allegedly corrupt figures – governor
South African central bank was told to give banking licence to Gupta family – Kganygago
UK Labour Party floats idea of house price target for BoE
Report from opposition party suggests central bank could target 2% house price growth
Central banks must become more diverse – Carney
Improving diversity increases strength and reduces groupthink, BoE governor argues
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