Governance
BIS pays out double dividend after bumper profit
Recovery from Covid-19 handed the BIS its second-largest profit in its history
Peru’s likely president-elect will reappoint Velarde
As opponent disputes his narrow win, Castillo affirms role of long-serving governor
Pandemic changes could help women advance in central banks
Remote working gives staff flexibility not offered by existing arrangements, say senior policy-makers
The role of individuals in guarding against inflation
External pressure may test governors’ resolve as inflation climbs, say former officials and academics
UK committee calls for reform at FCA over ‘mini-bond’ scandal
Treasury Committee says it does not believe Andrew Bailey misled it over his role in the matter
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
People: Sam Woods reappointed; Fernanda Nechio returns to SF Fed
BoE deputy gets fresh term; Nechio to lead regional Fed’s sustainability research; and more
Angola grants central bank independence
Constitutional amendment will guarantee autonomy and add financial stability to mandate
Catherine Mann appointed to Bank of England MPC
Former Citibank and OECD chief economist to take Jan Vlieghe’s seat; Jonathan Haskel reappointed
People: IMF deputy managing director and two more senior officials to leave
Tao Zhang leaves deputy’s role at end of tenure; IT and HR directors resign
BIS prepares to redevelop HQ
Bank’s biggest building project since the 1970s could see major expansion of main site
Riksbank to revise ethical rules after staff infringements
Employees were involved in equity transactions before monetary policy decisions
BoE suspends dividend as capital falls below target
Growth of intangible assets due to RTGS project caused loss-absorbing capital to drop
MAS publishes inaugural sustainability report
Report details central bank’s own efforts to cut emissions and broader work with financial sector
ECB calls for change to proposed Polish central bank law
Proposal on loans to bank guarantee fund would break prohibition on monetary financing, ECB says
Linah Mohohlo: 1952–2021
First female Bank of Botswana governor commanded fear and respect across a four-decade career
Former Brazilian governor dies
Carlos Langoni, who led the central bank from 1980 to 1983, fell victim to Covid-19
Peru holds policy rate amid election battle
Likely winner of presidential election says he “respects autonomy” of central bank
People: MAS’s Menon reappointed until 2023
Norges Bank appoints deputy to supervise SWF; Bahrain’s leader makes son deputy governor; and more
Mexican president names finance minister to head central bank
López Obrador nominates long-term ally after frequent clashes with current governor
Riksbank proposes framework to improve parliamentary scrutiny
One possibility is to create a permanent body to brief the parliamentary finance committee
A chemical engineer walks into a bank
Bank of Portugal’s Mónica Fernandes explains why it is just as important for central banks to employ scientists as to employ economists
French prosecutors investigating Lebanese governor – reports
Riad Salameh has repeatedly denied allegations of money laundering and corruption