Governance
Former prime minister joins Romanian central bank
Former PM and ex-lawmaker who supported governor’s reappointment are hired as consultants
Number of women in financial services is ‘pathetic’ – IMF’s Georgieva
IMF and ECB heads say central banks must increase representation of women
The future of forward guidance
BNP Paribas Asset Management explores the current landscape around forward guidance, focusing on how central banks’ methods of communication are likely to evolve in the future. By Richard Barwell
Governors can serve 25+ years at 40% of central banks
Governors in high and upper-middle central banks have longest possible tenures
Iran governor registers for presidential run
Hemmati one of nearly 600 candidates for June vote who now face screening from Guardian Council
Governors at four in five central banks left before their term ended
Countries with highest governor turnover were experiencing political instability
US imposes sanctions on Myanmar central bank governor
Treasury targets new slate of senior officials in military regime
Most central banks accountable to legislature
Chains of accountability vary and there does not appear to be one ‘gold standard’
Four in 10 central banks have legal right to be consulted on mandate changes
Most have legal restrictions on their ability to use monetary financing to fund the government
BoE recognises Ukrainian bail-in at centre of dispute
Decision likely to be seen as important endorsement of NBU’s action over scandal-hit lender
IMF urges Mauritius to reform central bank
Bank of Mauritius made loan to government in 2020 and funds investment body with reserves
People: ECB appoints head of climate change centre
Bank of Italy names new head of financial supervision; Kansas City Fed appoints assistant vice-president
UN effort to reunify Libyan central banks hits problems
One faction demands governor’s replacement as civil war weighs on oil and banking sectors
Iranian prosecutors indict former governor
Seif charged with “wasting” reserves in case that some argue is politically motivated
People: US set to name OCC chief; IMF’s Werner to retire
New deputy governor appointed in India; former Ecuadorian general manager dies; and more
Brazilian opposition and prosecutor challenge central bank law
Former president’s party argues law giving central bank more autonomy is unconstitutional
Friends say Myanmar deputy governor still alive
Bo Bo Nge’s whereabouts are unknown but military junta denied rumours of his death this month
The evolving ‘strategy function’ in central banks
Study shows central banks still struggle to fully utilise strategy units
Leaked letter says Swiss authorities are investigating Lebanese governor
Riad Salameh is under investigation for allegedly laundering $300 million since 2002, letter says
Black people in finance face ‘insidious’ racism – FCA official
Sheldon Mills says only 10% of senior figures at UK’s FTSE 100 firms are from ethnic minorities
Ecuadorian lawmakers pass central bank independence law
IMF demanded measure to create autonomous board and bar monetary financing
People: UK’s FCA appoints head of ESG
Burundian senior officials switch roles and senior Vietnamese supervisor is promoted
BoE publishes emails showing unsuccessful lobbying by former PM
David Cameron urged BoE to support Greensill Capital during pandemic, correspondence shows
Jamaican law increases central bank independence
New act gives rate-setting responsibility to monetary policy committee