Financial reporting
BoE proposes reducing data reporting requirements for banks
UK central bank to phase out EU-era regulations in drive to reduce lenders’ admin costs
BIS reports record income as Carstens steps down
General manager attributes strong result to successful banking department transformation
Auditors need to make friends and influence people – DNB official
Olaf Sleijpen says central banks’ internal referees need to improve their comms and people skills
Central banks must rethink their accounting treatment of money
Biagio Bossone and Massimo Costa call for money to be accounted for as equity for the issuer and as a public asset for the economy
The implications of IFRS 18 for central banks
The new accounting rule on presentation and disclosure in financial statements may require changes in reporting practices and systems, complicating consistency and materiality considerations
Rewriting the monetary balance sheet
Biagio Bossone and Massimo Costa write that a new accounting approach is needed for central banks and commercial money in the digital age
Police raid Bank of Portugal in €17m fraud investigation
Central bank “fully co-operating” with authorities in IT procurement embezzlement case
MNB funds funnelled through ‘impenetrable’ structure – state audit
Management firm lost “significant amount” of central bank endowment in real estate investment, report finds
Riksbank makes Skr36 million profit in 2024
However, Swedish treasury will not benefit as central bank failed to reach its target equity level