Governance
Around half of governments consult central banks on mandate reviews
Practice less likely to be found in Asia-Pacific and the Americas
South Africa reappoints Kganyago and top executives
Mampho Modise to replace Kuben Naidoo as central bank’s deputy governor
Chinese authorities reshuffle monetary policy committee
Four new members include securities regulator, PBoC deputy governor and two academics
Bundesbank reckons with predecessor’s past
German central bank publishes report showing Reichsbank was integral to the Nazi era
People: Dutch banking executive joins DNB board
Finnish central bank appoints new head, Danish member of governing board resigns
ECB banking supervision staff to move location
All 1,700 supervisory employees to move into Gallileo building by end of 2025
ECB official apologises for ‘reprogramming’ remarks
Elderson tells staff he believes in open debate on environmental matters after outcry
ECB warns Hungarian law could harm central bank’s independence
Bid to expand executive board powers comes amid growing rift between governor and prime minister
BoE has ‘more to do’ after compliance breaches
UK audit office says more than 40% of staff still did not feel free to raise concerns in 2023
SNB head Thomas Jordan announces retirement
Board chair praises Swiss central banker for leadership in crises and record of change
Nigerian central bank hikes rates after long delay
Governor’s first MPC meeting announces 400bp rise as street protests over inflation grow
Clare Lombardelli appointed BoE deputy governor
OECD chief economist will take over UK central bank’s monetary policy portfolio
IMF builds new measure of central bank independence
First “entirely new” metric in 30 years seeks to overcome limitations of much-cited paper
RBA names Susan Woods as first chief operating officer
Independent review called for COO role to give senior officials more time for policy matters
Nigerian president nominates seven MPC members
Central bank tightens currency restrictions as inflation continues to rise and dollar shortages continue
Nigerian authorities accuse ex-governor of $6m theft
Emefiele has denied all charges but prosecutors say cheque to president was forged
Auditors discover problematic FX claims at Nigerian central bank
Announcement of $2 billion in suspect claims comes after 60% devaluation of naira
Iraqi central bank blocks dollar access to eight lenders
US official praises “progress” but says some Iraqi lenders are still breaking sanctions on Iran
Head of Romania’s central bank ‘deepfaked’ by scammers
NBR says fraudsters’ use of AI-generated video points to increasing risks from manipulated imagery
Turkish president appoints ‘hawk’ as governor
Former NY Fed official Karahan has been strong supporter of monetary tightening, observers say
Governance and diversity at the Federal Reserve
Could changes in governance practices have contributed to poor performance in 2021–22? asks Jeffrey Lacker