Governance
BoE seeks partner to build public cloud environment
Central bank prepares for “step change” in IT infrastructure
People: New deputies named; UK FCA picks interim chief
Argentina and Pakistan appoint deputy governors; Christopher Woolard to serve as FCA chief
Norges Bank’s new MPC leaves rates unchanged
Policy rate likely to be on hold for some time, Norway’s central bank says
Political dispute over Ukrainian central bank intensifies
Prime minister offers to resign after “doctored” recordings of meeting with central bank are leaked
People: Trump nominates Shelton and Waller to Fed posts
Judy Shelton and Christopher Waller nominated as Fed governors; Kingsley Obiora in line to be Central Bank of Nigeria deputy; Jill Forde named BIS head of communications
People: Modi’s government appoints new RBI deputy governor
Michael Patra takes position left by Viral Acharya in June 2019; EBA names new executive director; UK Payment Systems Regulator appoints a new head of policy
BoE will get back €58 million from ECB after Brexit
Decision yet to be made on who will make up the capital shortfall; UK will also see its membership of EIB rescinded
BIS adds members and boosts EME voices on committees
Emerging markets now better represented on key governance bodies
Liquidity operations squeezed Fed’s net income last year
Repurchase agreements cost the Fed $6 billion in 2019, preliminary results show
Trump’s criticism undermining confidence in Fed – Yellen
Political pressures could hurt central bank independence, says former Fed chair
KYC initiative could help stem correspondent banking decline
South Pacific KYC utility will be based on digital identification databases; decisions on minimum data requirement yet to be made
Slovenian central bank demands courts rule on bail-in law
Bank of Slovenia says law would break EU Treaty as bitter dispute over bail-ins escalates
People: Israeli governor nominates Andrew Abir as deputy governor
Former Sarb deputy governor appointed chief executive of Absa financial group; Colombian president picks new board member; Riksbank names new general counsel
Andorra seeks to join International Monetary Fund
Tiny principality would bring IMF members to a total of 190
Fed’s Brainard criticises other US regulators over lending proposals
Fed governor warns proposed reforms from FDIC and OCC could harm poorer areas
CBRT to hand over profit and reserves to government
Law change permits government to dip into central bank’s reserves
Fed governors are losing influence, financial historian argues
Peter Conti-Brown examines the eroding influence of the democratically accountable members of the FOMC
New CBSL governor targets transmission mechanism
Priorities for 2020 include tackling bottlenecks, boosting transparency and improving analytics
Proportion of women working in central banks dips
On average, women make up 45% of central bank workforce, but improvements have been made to senior management make-up
Lagarde awards Schnabel key policy role in renewed ECB board
Panetta leads market infrastructure and payments, banknotes and international relations
Chile’s central bank publishes historical meeting minutes
Historical minutes have been digitised in a move to improve transparency and accountability
Central Bank of Iceland completes merger with regulator
Governor Ásgeir Jónsson to retain overall responsibility; two new deputy positions created