Organisation
How to run a world-class economics department
Central banks have myriad ways of organising their economists
RBA sets up new panel of private-sector economists
Expert panel will meet at least twice a year; move follows “embarrassing” forecasting issues
El Salvador abolishes statistics agency
Central bank will absorb body that calculates inflation
IMF warns Iceland over bank privatisation and housing market
Some bank investors have conflicts of interest and housing market is overheating – report
Swiss central bank defends board structure
Think-tank suggested governing board was “susceptible to group think” in April report
What is the right size for a central bank board?
There is greater consensus for smaller boards in theory than in practice
IMF urges Kosovo to fill vital central bank positions
Supervisory board lacked quorum for approximately 18 months
Leading Colombian presidential candidate plans central bank reform
Gustavo Petro claims current government has captured the board of directors
Bank of Canada carries on as truckers protest
Non-essential staff working from home as anti-vaccine demonstrators occupy Canada’s capital
Union objects to Colombian central bank’s branch closures
Bank of the Republic is converting some regional offices to cultural centres, closing treasuries
Pakistan passes central bank autonomy law
Senate approval brings country closer to meeting IMF loan requirements
Podcast: Dominik Weh on why central banks need to embrace technology
Central banks need to keep abreast of the current technology or risk being left behind
Bank of Mexico creates environmental and social risk department
Central bank’s attitude to environmental risk might put it at odds with government, says commentator
RBA to invest in solar panels for refurbished head office
Australian central bank’s gas consumption increased 34% as staff returned to offices
Angola’s central bank reopens office after delays
Branch was reportedly completed in 2017, but has lain dormant following governor dismissal
Bank of Ghana wins legal case against ‘corrupt’ firm
Central bank says it uncovered bribery and a corrupt tender process during investigation
FCA mulls removing decision-making powers from senior committee
Decisions regarding firms failing to meet FCA standards would be taken by FCA staff instead
Minority groups sidelined by BoE, report finds
Review reveals minority ethnic staff felt less safe in the workplace, while career progression was stifled
FCA to expand UK footprint as part of new strategy
Regulator’s priorities will include climate risk disclosures and financial sector diversity
Climate training hub launched by international consortium
BIS training platform will act as single access point for climate risk training for central banks
BoE adapting working practices to post-Covid world, says Place
Central bank is changing staffing, technology and buildings in light of lessons from pandemic working
Sarb celebrates centenary with virtual ceremony
Tributes were paid by former governors, regional representatives and the heads of the IMF and BIS
MAS’s Vincent Loy and Celine Sia on transforming data management
The assistant managing directors explain how uniting business and technology functions is opening up new possibilities for data collection, governance and analytics
The evolving ‘strategy function’ in central banks
Study shows central banks still struggle to fully utilise strategy units