Central Banks
Private credit ‘probably closer’ to end of cycle
Risk managers say regulatory scrutiny, such as BoE’s Swes, is justified
Investigation of Bangladesh Bank ex-governors continues
Anti-corruption watchdog reviews central bank documents amid probe into alleged misconduct
Uruguay holds rates at 5.75% for third time in a row
BCU says there is no evidence of significant second-round effects from energy supply shock
Asean’s expanding and evolving swap lines
The Asian trade bloc – with and without China, Japan and South Korea – wants to strengthen emergency liquidity support
Samoa to leave policy unchanged over coming year
Central bank expects inflation to rise temporarily due to effects of Iran war
Colombia resumes rate hikes in first post-election decision
Analyst says 75bp hike may be attempt by Banrep to compensate for April’s ‘compromise hold’
‘Who pays?’ remains biggest puzzle of digital euro – panel
Specialists say successful payment systems solve problems for consumers and merchants
AI poses risk to global financial stability – RBI
Technological disruption and geopolitical fragmentation are reshaping financial system, says governor
EUR vs USD stablecoins is the wrong debate
Market structure and regulatory cohesion is at the centre of the stablecoin liquidity evolution, says Flow Traders’ digital assets head
BoE publishes approach to joint stablecoin regulation with FCA
Framework sets out path for stablecoin issuers facing oversight from two regulators
Agentic AI’s ‘step change’ poses systemic cyber risks – Breeden
Supervisors should stress-test multi-firm disruptions as models evolve, BoE deputy governor says
Jamaica holds rates at 5.5%
Central bank expects headline and core inflation to breach upper range of its 4–6% target
African supervisory authorities tend to lack sufficient staff
Most respondents combine banking supervision in one unit
RBA outlines monetary tools for stimulus when rates are low
Central bank says additions to policy toolkit make it better prepared for shocks
Monetary split deepens in Sudan as new banknotes circulate
Expert says rebel forces may be printing their own version of national currency
Mervyn King on his career and big ‘mistakes’
The former BoE governor speaks with Christopher Jeffery about the value of transparency, lessons from the GFC, the need to track broad money and tie short-term funding to haircut collateral, and danger presented by non-banks
Supreme Court sides with Cook against Trump
Justices rule that firing her would have given future presidents the right to dismiss Fed governors at will
Bolivia ends peg to US currency after 15 years
Finance ministry calls arrangement ‘unsustainable’ amid domestic dollar crunch
Bank of Spain announces plans to upgrade governance
Reforms will improve communications, change internal regulation, bank says
Hong Kong scales up in bid to attract central bank gold
Financial bureau chief targets Asian institutions to bolster gold storage to 2,000 tonnes, use new trading and central clearing services plus links to China, amid sovereign immunity concerns
Non-central bank authorities tend to supervise non-banks
Non-banks offering credit-like products unregulated in tenth of jurisdictions
PBoC designates RMB clearing banks for Indonesia and Africa
Bank of China (Hong Kong), ICBC and Standard Bank to operate services for Chinese currency
BIS warns of stability risks from ‘fiscal-financial nexus’
Report sounds alarm over public debt and NBFIs’ role in bond markets, as de Cos calls for immediate action
BIS shifts strategy ahead of 100th anniversary
‘BIS 100’ aims for resilience in complex environment, as bank sets new income record