News
Costa Rican congress passes central bank-backed tax reforms
Reforms were ‘not only necessary, but urgent’, central bank says
Finnish regulators need more macro-pru, deputy governor says
Current toolkit is not sufficient to deal with rising levels of household indebtedness
Cleveland Fed launches centre for inflation research
Bank plans to make its inflation conference annual rather than bi-annual
BoE issues warning over global leveraged loan market
Scale, growth and lending standards similar to pre-crisis subprime lending, BoE reports
Argentina removes interest rate floor
Peso stabilised since central bank introduced floating forex regime in September
South African central bank launches review of payment system
Sarb says its regulatory mandate needs more clarity and calls for more powers over fintech
IMF urges Bank of Papua New Guinea to depreciate currency
Fund offers words of warning to island nation over exchange rate woes
Yuan swap deal with Argentina boosts China’s presence in Latin America
Agreement expands existing line by 60 billion yuan to 130 billion
People: Bank of Canada appoints new deputy governor
Paul Beaudry named deputy governor at Bank of Canada; Central Bank of Argentina appoints economic research head; and more
Indian economy still strong despite financial troubles – RBI
Rapid credit growth continues despite need for ongoing liquidity support for non-banks
BoE held back on Brexit commentary for fear of influencing negotiations
UK central bank planned to publish analysis after the country left the EU in 2019
ECB adopts new capital key
National central bank shares adjusted, but governors’ voting allocations remain unchanged
Carney warns on ‘uncomfortable’ Brexit compromise
Governor fears some Brexit outcomes could restrict the BoE’s regulatory options
Cyprus governor says 2015 police raid stopped her investigating politicians’ debts
Governor Georghadji offers to re-start investigation into loans to “politically exposed persons”
Fintech poses “serious” challenge to governance, says former PBoC deputy
Li Dongrong warns of fintech spillover risks, regulatory arbitrage and digital divide
Ghana’s Addison blames predecessors for banking system weaknesses
New governor closed seven banks in 12 months in banking system clean up
Bank of Russia deputy governor accused of mafia and spy links steps down
Putin ally Aleksandr Torshin alleged to have meddled in Spanish money-laundering and US elections
Head of Polish financial regulator arrested on corruption charges
Central bank governor still has PM’s confidence after defending accused regulator – senior official
Fed weighs future policy transmission framework
Implementing technical adjustments might be necessary, Powell says
Cyber resilience hinges on collaboration, Nordic central bankers say
Central banks must ensure preventative measures are cost effective
Basel III may be second-best outcome, admits Coen
Basel Committee secretary-general says framework could be strengthened
Moldovan finance minister becomes central bank governor
Ex-governor worked closely with new appointee in handling aftermath of massive bank theft
Italian crisis and trade tensions are raising eurozone risk – ECB
Emerging market stress and fears of protectionism may drag down global growth, ECB says
UK banks’ holdings of leveraged loans ‘very small’, BoE says
Global leveraged loan market growing rapidly but lending standards falling, says Bank of England