News
Risk management worsened in 2018 at large EU banks – ECB
Supervisory review of EU banks shows fall in quality of governance, but no rise in funding risks
Irish central bank warns no-deal Brexit would harm growth
Central bank expects strong Irish growth if ‘disorderly Brexit’ is avoided, but inflation is still weak
BIS paper finds some potential benefits to ‘bigtech’
Firms may be better able to predict losses and support underserved borrowers, authors find
BoE evaluating ‘utility’ cash distribution model
Model has helped streamline operations in countries where cash usage is on the decline, including Finland and Sweden
Trump urges Fed to restart quantitative easing
It would turn the economy into a “rocket ship”, the president says
ESRB publishes scenario for CCP stress tests
Esma announces UK-based CCPs will still be covered in event of “no-deal Brexit” on April 12
Trump plans to nominate second loyalist to Fed board
Herman Cain has strongly supported a return to gold standard in the past
Philippines joins local currency settlement network
Malaysia, Indonesia and Thailand created system in 2017 to ease reliance on US dollar
Big data should help solve problems ‘on the ground’ – Ireland’s Kearns
Central banks need to do more than simply invest in technology and analytics, says Kearns
Bank of Israel increases level and risk of equities investment
Move comes despite disappointing returns from equities in 2018
IMF recommends new tool to measure housing market risks
Model shows downside risks in Chinese housing market have grown recently, report finds
Pakistan central bank opens up financial sector to non-bank players
Finance minister pledges central bank-issued digital currency by 2025
RBI cuts main rate again as growth fears deepen
Central bank revises down growth and inflation forecasts as election nears
National Bank of Cambodia to deploy blockchain payments system in 2019
Use of blockchain may improve financial inclusiveness of payments system
Indian governor says court defeat will not stop stressed asset resolution
Governor says RBI may issue a revised circular after adverse legal ruling
Arab regional payment system set for 2020 launch
The new system would replace the costly and inefficient correspondent bank model
IMF urges Morocco to pass new central bank law
The fund stresses importance of strengthening independence and role in financial stability
Bank of Spain warns stressed assets remain above pre-crisis levels
Deputy governor says mergers are clear alternative to boost profitability and efficiency
People: New chief operating officer appointed at the Fed
Patrick McClanahan returns to US central bank to take up COO post; former Central Bank of Ireland chief dies; and more
Fed to require fewer banks to submit resolution plans
The reform is the latest effort to streamline regulation under the Crapo Bill
Irish central bank says draft NPL law could worsen bank crises
Measure would restrict funding options and make credit more expensive, ECB warns
RBI to repeat forex swap after high demand for first operation
Second round of long-term liquidity will be on offer in late April
Global slowdown continues to warrant stimulus – Poloz
Poloz confident of Canada’s ability to adjust and says slowdown is temporary
Quarles defends decision to set countercyclical buffer at zero
But there may still be disagreement within the Fed’s ranks