Governance
Fed faces years of losses as interest rates rise
QE brought major interest rate risk onto central bank’s balance sheet
Endlessly interim? The struggle to appoint top US regulators
Two-year OCC vacancy is not that unusual in US system, but it may hamper initiative
Australian government to review RBA mandate and governance
Review will look into the board structure and performance, after RBA suffers criticism over policy choices
Lebanese prime minister ‘ready to replace governor’ after police raid
Investigating judge fails to find Riad Salameh, as PM says parties must agree on new governor
Polish governor accuses opposition of plotting violence against him
Glapiński says Tusk could use “a mob” to remove him and says opposition has broken law
Fed internal watchdog clears Powell and Clarida
Inspector-general still examining Rosengren and Kaplan, while senators criticise new code
US Senate confirms Barr as Fed vice-chair
Democrat appointees now form majority of board of governors
People: Saudi Central Bank appoints two vice-governors
BIS names heads of key committees; senior officials quit US Office of the Comptroller of the Currency
Polish opposition pledges to dismiss central bank governor
Glapiński calls opposition leader “a liar” after he says governor was appointed against legal advice
Brazil central bank union ends strike
Months of industrial action fail to secure requested pay increase
DNB governor apologises for its role in slavery
Knot outlines central bank’s close links to slave trade and pledges to fund diversity projects
IMF set for governance reform in wake of ‘Doing Business’ controversy
Board to make changes to data integrity, whistleblower protection and dispute resolution
Colombia announces largest-ever rate increase
Central bank orders 150bp rise, while president-elect announces next finance minister
IMF warns Iceland over bank privatisation and housing market
Some bank investors have conflicts of interest and housing market is overheating – report
US citizen pleads guilty to selling technology to Iranian central bank
Defendant faces jail after using UAE shell companies to skirt US national security law
Governance Benchmarks 2022 – presentation
Subject matter specialist Dan Hardie speaks about governors, independence, funding and diversity
BIS balance sheet buffeted by market turbulence
Institution still turned a profit in the year to March 2022
Former RBNZ official questions board pick
Central bank and Treasury deny former NZ Post chair has disqualifying conflict of interest
Trinidad and Tobago court rules governor’s dismissal illegal
Rambarran receives damages over 2015 firing but replacement will continue in office
People: RBA and Norges Bank appoint deputy governors
Timothy Lane retires from Bank of Canada; BIS appoints deputy banking chief
Chaos around Lebanese central bank grows
Audit due to recommence but judge says governor cannot be found by police, reports say
Legal certainty: the Achilles’ heel for CBDCs?
Many central banks lack legal certainty when it comes to issuing digital currencies. Isn’t it time to get the lawyers involved?
Laos selects new central bank governor
Parliament elects Bounleua Sinxayvoravong as part of government reshuffle
Swedish financial regulator to become next Riksbank governor
Erik Thedéen will replace Stefan Ingves as Riksbank’s head