Governance

Talking numbers

Central banks can and should write a management commentary to accompany their accounts, says Robin Darbyshire

Nepal plans new banking law

Nepal Rastra Bank (NRB) is set to introduce the Bank and Financial Institution Act to allow mergers and acquisitions amongst financial institutions, an NRB official told reporters Friday 27 April.

Dodge will not seek second term

Bank of Canada governor David Dodge has informed the Board of Directors and the Minister of Finance that he will not seek a second term as governor, the bank said Thursday 25 April. See our other item on this today: 'Alice in Wonderland riddles not for…

Kate Barker reappointed to Bank of England's MPC

Kate Barker, who recently completed the Barker Review of Land Use Planning, was reappointed to the Bank of England's Monetary Policy Committee (MPC) for a further three-year term on Monday 23 April, becoming the first external member to serve a third…

New DG of Ireland's central bank announced

The governor of the Central Bank of Ireland , John Hurley, Thursday 19 April announced the appointment of Tony Grimes as Director General Designate of the Central Bank and Financial Services Authority of Ireland.

New York court lifts PMA freeze

A New York court has lifted a freeze on the US operations of the Palestine Monetary Authority, which acts as the Palestinian central bank, that was imposed in connection with the killing of two Americans in a Hamas shooting attack.

New Cyprus cb governor may be named soon

The new Cyprus central bank governor will probably be named in the next 10 days, finance minister Michalis Sarris said on Thursday 5 April on the sidelines of a press conference on euro awareness.

Japan appoints new board members to BOJ

The Japanese government on Friday 5 April appointed a former top manager at Japan's largest trading company and a former shipping company executive to the Bank of Japan's monetary policy board.

RBA announces senior staff movements

The Reserve Bank of Australia announced Friday 5 April that Keith Hall, currently Head of Financial Stability Department, will take up the position of Head of International Department, which became vacant on the appointment of Guy Debelle as Assistant…

Audit committees in central banks

This IMF Working Paper reviews the tasks and design of audit committees, increasingly recommended as a way to strengthen financial accountability and good central bank governance.

Central Bank of Sri Lanka redesigns website

The Central Bank of Sri Lanka announced Friday 30 March the launch of its redesigned website. The primary objective of re-designing the website was to present comprehensive information relating to all key functions of the CBSL, with the re-designed site…

Two new members join PBOC committee

A senior official from the State Council and the chairman of the Bank of Communications have been appointed new members to the central bank's 13-member monetary policy committee, Shanghai Securities News reported Friday 30 March.

Bulgarian governor nominates deputy

The governor of the Bulgarian National Bank (BNB) Ivan Iskrov on Thursday 15 March nominated Rumen Simeonov, 55, to take over as deputy governor in charge of bank supervision from Emilia Milanova.

BoE's Bean reappointed to MPC

Charlie Bean, the Bank of England's chief economist, has been reappointed to the rate-setting Monetary Policy Committee for a further three year term from 1 June, the central bank confirmed Wednesday 14 March.

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