Governance
NZ parliament formally launches central bank review bill
The bill is now at the select committee stage, which usually takes around six months
Podcast: LSE’s Ilka Gleibs discusses the psychology behind diversity
LSE professor discusses why people need to stop blaming women’s behaviour for a lack of diversity within economics and central banking
Maldives targets forex shortage with new strategic plan
Central bank wants to tackle dollarisation and forex shortages, and may shake up governance
IMF calls for Guinea central bank to cut government financing
Central bank must build up currency reserves and follow rule-based intervention strategy
South African governor warns against nationalisation
Call comes as Sarb’s senior lawyer accuses government ombudsman of lying under oath
People: Maurice Obstfeld to retire from IMF in December
Macau reappoints monetary authority chairman to one-year term
New Central Bank of Iran governor appointed
Ministers choose not to renew the term of Valiollah Seif, amid continued rial instability
Central Bank of Ireland criticises banks for gender imbalance
Approach to diversity is inconsistent and not evident in a number of cases, review finds
Ukraine’s central bank goes back to 5% inflation target
National Bank of Ukraine raises rates, despite falling core and headline inflation
T&T central bank establishes formal whistleblowing policy
Employees now have an official framework for reporting incidents anonymously
Philippines considers boosting central bank capital
Central bank announces big rise in Q1 income
People: Olli Rehn enters office as Bank of Finland governor
PBoC governor joins G30; new board members appointed at Barbados’ central bank; and more
Croatian parliament reappoints Vujčić as governor after delay
Economist turned politician becomes deputy governor; three vice-governors also appointed
Malaysian central bank reshuffles senior staff
Supervision function will be strengthened and critical departments will have simpler reporting line
EBA demands rapid reform at Maltese AML agency
Bank owner arrested in US and charged with financial crime on behalf of Iran
First left-wing Mexican president in a generation unlikely to upend institutions
Andrés Manuel López Obrador has promised to respect the Bank of Mexico’s autonomy
BoE minority staff score lower in first diversity survey
While BAME scores were lower, the central bank said staff were “generally positive” about inclusiveness
People: Palestine Monetary Authority appoints new deputy governor
New members appointed to Finnish and Swiss boards
Erdoğan tightens grip on central bank with sweeping decree
President amends central bank law to hand himself key powers over institution’s governance
Bank of Israel’s Flug to stand down in November
First female governor stresses importance of central bank independence
Liberian president names Nathaniel Patray as next CBL governor
Nominee has more than 30 years’ experience and stayed in war-torn capital, local media says
ECB’s next president should not be part of G30 – EU ombudsman
Watchdog says central bank is “in denial” over Draghi’s membership
Vietnam jails former deputy governor for negligence
Conviction comes as government cracks down on alleged corruption in banking sector
People: Kosovo appoints new deputy governor
Bank of Spain has a new director-general for economics; Atlanta Fed appoints senior vice-president