Central Banks
Iran’s government orders central bank to bolster stock market
Central bank ordered to sell off $200 million in assets and lift restrictions on investing
US may not need CBDC – Boston Fed chief
Rosengren says improved payments systems may provide many CBDC uses
RBI set to launch second round of asset purchases
Indian central bank seeks to curb borrowing costs amid severe Covid-19 outbreak
The importance of diversity when selecting banknote icons
The former head of currency at the Reserve Bank of New Zealand, Brian Lang, explains why inclusion and diversity were such important factors for the country’s 1992–93 banknote redesign
Asset managers should face minimum cash levels – ECB paper
Researchers say macro-prudential measure would improve market allocation of financial resources
Fed leaders hold dovish line as CPI surges
Board members and regional presidents say inflation and employment goals still far from met
Central Bank of Kenya to liquidate bank after ‘severe violations’
Action on smaller lender comes as CBK looks to complete long-running resolution of Chase Bank
IMF urges Mauritius to reform central bank
Bank of Mauritius made loan to government in 2020 and funds investment body with reserves
Paycheck protection facility supported lending – Fed paper
Study finds liquidity facility helped banks lend more to small businesses during the Covid-19 crisis
BoE paper highlights link between mortgage limits and consumption
Authors find “new link” between down payment requirements and household consumption
Sanctions must go for nuclear talks to succeed, says Iran governor
Hemmati has played major role in sanctions-related diplomacy
People: ECB appoints head of climate change centre
Bank of Italy names new head of financial supervision; Kansas City Fed appoints assistant vice-president
UK regulators launch plan for less liquid fund structure
Aim is to allow productive investment for the long term while curbing vulnerabilities
UN effort to reunify Libyan central banks hits problems
One faction demands governor’s replacement as civil war weighs on oil and banking sectors
Central banks have limited tools to tackle inequality – Carstens
Inequality is an issue for central bankers, but they cannot solve it on their own, says BIS chief
BlackRock research pushes back at concerns over bond ETFs
BIS paper had suggested ETF sponsors may have sold illiquid assets to discourage redemptions amid Covid stress
Pandemic did not harm public trust in Dutch banks – DNB survey
Central bank study says 80% of participants maintain confidence in financial sector
RBNZ gains new FMI oversight powers
Central bank and FMA will be able to set standards for systemically important infrastructures
Fed’s Bostic says economic inclusion goals shape policy
Atlanta Fed president calls for more joint work with CFPB
Fed looks to boost competition in debit card payments
New rule will support legal right to at least two payments options for merchants
Bank of Canada to become default payments regulator
Central bank will oversee any company not already regulated under proposed law
Israeli reserves reach new record high
Foreign currency purchases to offset shekel’s strength boost portfolio to $194 billion