Central Banks
FCA to expand UK footprint as part of new strategy
Regulator’s priorities will include climate risk disclosures and financial sector diversity
Senior Fed officials differ on taper
Powell stands firm, but two regional presidents suggest a sooner-than-later approach
Bank of Israel allows banks to resume dividend payments
Central bank recommends ‘prudent approach’ as Covid-19's impact remains uncertain
RBI bans Mastercard from taking on new customers
Indian central bank sanctions card issuer over failure to store all payments data locally
US court finds Iranian central bank liable in terrorism suit
Plaintiffs sued Iran and Syria in US court for damages in 2015 Hamas attack
Bank of Canada continues taper
Central bank reduces QE by one-third to $2 billion weekly, but keeps interest rates stable
Paper analyses eurozone consumers’ inflation expectations
Short-term views, trust and Covid-19 shaped medium-term expectations – Bank of Finland paper
IMF’s Zhang says external financial lifelines must be ‘preserved’
Fund is providing AML/CFT training in the Pacific to stem correspondent banking crisis
RBNZ calls halt to quantitative easing
Central bank has bought considerably less than its NZ$100 billion limit
BoE removes ‘guardrails’ on bank dividend payments
Central bank eases restrictions as outlook for UK financial sector improves
US faces surge in actual and expected inflation
Data shows 5.4% CPI inflation over past year and consumers expect 4.8% rise over next
UK financial sector slowly improving on diversity – BoE paper
Research shows women are gaining a foothold, but progress with age and nationality diversity has stalled
ECB’s new target not expected to influence Denmark’s policy
Danish central bank agrees with ECB that climate change may impact price and financial stability
People: Bank of Canada names senior deputy governor
New governor in Turkmenistan; Malaysian SWF gets new director; and more
Minneapolis Fed requires all staff to be vaccinated
Most other regional Feds say they “encourage” staff to get immunised
New inflation target set to bind ECB to ‘lower for longer’ strategy
Symmetric 2% target should allow council to boost APP purchases as Pepp is phased out, say analysts
BoE paper explores impact of machine learning on credit
Benefits of AI-driven screening depend on market characteristics, authors find
Fed still lags on diversity, says campaigners’ report
Campaigners say regional bank leaders still mostly white, male and from big business
Climate training hub launched by international consortium
BIS training platform will act as single access point for climate risk training for central banks
IMF executive board backs $650 billion SDR allocation
Allocation is set to be largest in the fund’s history, with launch expected in August
People: RBA’s Debelle given second term as deputy
Iosco gets new secretary-general; new director of research appointed at Kenya’s central bank; and more