Governance
ECB stands firm on fining banks over climate risks
Board member says lenders could pay daily penalties for not addressing environmental concerns
Libya’s rival factions nominate new central bank governor
Appointment under compromise agreement still has to be approved by parliament aligned with eastern forces
Libyan factions agree compromise over central bank leadership
UN mission mediated talks after former governor fled
Central Bank of Liberia set for reform as IMF approves funding
Damning audit report leaves acting governor with a lengthy to-do list
Riksbank to receive $2.46bn from Swedish government
Capital injection will put central bank just above minimum equity level required by law
People: IMF appoints general counsel
Bank of Russia names new monetary policy head; Rob Brand becomes DNB’s chief investment officer
Alpana Killawala on communications under six governors at the RBI
The former RBI comms chief speaks about the importance of strategic communications, courting the media, open mouth operations and altering a governor’s ‘rock star’ image
IMF staff propose updated ‘new arrangements to borrow’
Fund’s second line of defence is already being scaled back under quota reforms
OIG says Bostic violated Fed’s rules and policies
Atlanta Fed president created “appearance of acting on confidential FOMC information”
Trinidad opposition leader calls for inquiry into central bank
CBTT accused of “cooking the books” with government over discrepancy in public accounts
Lebanese authorities arrest former central bank governor
Riad Salameh detained in Beirut over allegations of embezzlement
Minister nominated as Bank of Spain governor
Opposition says appointment of José Luis Escrivá would throw bank’s independence into question
People: Bundesbank appoints Mauderer as vice-president
Former prosecutor joins Dutch central bank’s supervisory board
The post-Archegos risk model rebuild begins… slowly
Following regulatory prodding, banks start to overhaul counterparty risk models. A flurry of new research on the topic may aid the effort
People: Lula nominates ally Galípolo as Brazilian governor
BIS appoints Franks Smets to senior economics role
All eyes on the Fed
The US central bank faces a challenging path to fulfil its mandated goals
Libya’s central bank governor flees country, say reports
Move follows attempts by armed groups to break into CBL’s Tripoli headquarters
Bank of Albania denies having ‘printed money’ to finance HQ
Allegations over 2010 purchase of Tirana property resurface after leaked state audit
Jamaican finance minister set to become IMF deputy MD
Fund’s chief proposes Nigel Clarke for role, while general counsel announces retirement
Campos Neto on inflation targeting, independence and the future of financial intermediation
The Brazilian governor speaks with Christopher Jeffery about tackling inflation, the need for financial autonomy, and redefining the financial landscape with open finance, programmable Pix, deposit tokenisation and sound cross-border payments governance
People: July to September 2024
A round-up of central bankers in the news and on the move during the past three months