Governance
Trump nominates two candidates for Fed board
Judy Shelton and St Louis Fed’s Christopher Waller will now face Senate confirmation hearing
Christine Lagarde nominated for ECB presidency
IMF chief part of deal that sees German proposed for commission presidency
ECB welcomes Cypriot state’s rethink on central bank law
Law allows recapitalisation of central bank if necessary and clarifies powers to dismiss directors
New Zealand watchdog criticises next Irish governor
But Ireland’s finance minister says Gabriel Makhlouf will still take up role in September
BIS to scale up banking services as part of new strategy
“Innovation BIS 2025” envisages broader research agenda and new channels of co-operation
Italy’s central bank plans could break EU law – ECB
ECB challenges Italian coalition’s plans to take control of gold reserves and central bank shares
People: Sarb deputy governor retires after 10-year term
China appoints vice-finance minister to MPC; senior Bank of Finland official joins IMF executive board.
Nigerian governor unveils five-year plan
Emefiele makes ambitious growth promises and pledges better payments system and credit supply
RBNZ launches strategy to become ‘best central bank’
Statement of intent for 2019–22 includes an update to RTGS system, and a “future of cash” plan
Bosnian central bank board members sacked by president
Reasons for move are unclear but may have political repercussions
Carney replacement set to be chosen by new government
Next finance minister will have pick of candidates – which could bring Brexit into the equation
RBI deputy Acharya quits early
Viral Acharya was outspoken on issues of independence
Carney voices concern over ‘hard Brexit’ tariffs
BoE governor appears to differ with leading candidate to lead UK government
Ramaphosa confirms Sarb mandate remains unchanged
South African president defends central bank independence following attacks from his party
Carney pledges BoE will shape ‘future of finance’
BoE wants innovation on balance sheet access, SME credit and climate stress tests
Ukrainian court bars central bank deputy governor from carrying out duties
Central bank says court ruling breaks law, as legal battle over nationalised lender continues
Fischer warns Trump could sabotage Fed crisis response
Fed independence under “unprecedented” threat and second Trump term would harm US – Fischer