Feature
Financial markets infrastructure services – wholesale: Bloomberg
Tech firm helped Nigeria and Sri Lanka’s central banks to build essential FX market infrastructure, and Portugal and Ukraine’s treasuries to optimise debt auctions
Payments and market infrastructure development – retail: Central Bank of Colombia’s Bre-B
Colombia’s new federated payments system achieved success due to thoughtful planning, proactive regulation and successful onboarding
Artificial intelligence initiative: Bank of Namibia
A concerted effort to implement AI has delivered efficiency gains within and across the financial sector
Communications initiative: Hong Kong Monetary Authority
Innovative campaign supported by top leadership has helped counter rising levels of financial scams
Regtech/suptech services: Regnology
Supervisory hub offers data sovereignty and essential upgrades in secure public cloud
Financial stability initiative: Central Bank of Bosnia and Herzegovina
A holistic approach is enabling the central bank to reinforce financial stability, despite country’s challenging institutional set-up
Economics in central banking: Bruno Tiberto
The Brazilian economist’s work delivers a robust study of how independence affects inequality, at a critical time for the BCB’s autonomy
Transparency award: Bank of England
UK central bank moves out of its ‘comfort zone’ with targeted efforts towards market counterparties and Gen Z citizens
Technology services: Vermeg
Vermeg’s Megara is the engine behind Europe’s landmark collateral ecosystem
Advisory services: Oliver Wyman
The firm’s crisis management expertise has supported efforts at G20 central banks, the BIS and Iraq
Governor of the year: Jerome Powell
The Fed chair has shown high levels of integrity and resolve in upholding his public duty in the pursuit of price stability and maximum employment
Reserve manager: Central Bank of the Philippines
New risk management approaches, forward-looking SAA tranching, internal capacity building and a redesigned external fund management framework set the BSP apart
Asset services initiative: HSBC
Bank’s expertise in gold and bespoke securities lending helped central banks to navigate volatility
Partner initiative: Amundi-Flar
LatAm central banks recognised the value of an ESG-aligned corporate bond ETF developed by Amundi and Flar
Asset manager: Crown Agents Investment Management
CAIM’s SDR-based investment scheme helped central banks put unused capital sources to use
Risk manager: Central Bank of the UAE
The new integrated risk management approach is identifying control gaps and enhancing efficiency
Monetary policy in Asia since the pandemic
Asean+3 nations must plan to tackle ‘disturbance’, ‘structural’ and ‘radical’ uncertainty using a disciplined policy mix to preserve price stability amid global shocks, writes Dong He
Fed fractures post-SVB consensus on emergency liquidity
New supervisory principles support FHLB funding over discount window preparedness
Fed pivots to material risk – but what is it, exactly?
Top US bank regulator will prioritise risks that matter most, but they could prove hard to pinpoint
Credit spread risk: the cryptic peril on bank balance sheets
Some bankers fear EU regulatory push on CSRBB has done little to improve risk management
Bowman’s Fed may limp on by after cuts
New vice-chair seeks efficiency, but staff clear-out could hamper functions, say former regulators
How Bessent learned to stop worrying and love the T-bill
Short-dated issuance shows no signs of slowing. Some fear it could end badly.
Argentina and the fear of floating
Economists believe the country’s authorities must fully liberalise the peso before it is too late
Cryptogeddon: a user’s guide for central banks
How might monetary authorities react if a digital asset crash destabilised the financial system?