News
Non-banks and banks are interwoven, says ex-RBI official
Policy-makers should study connections between them when crafting regulations, argues Viral Acharya
Andrea Enria joins BoE’s prudential regulation committee
Former top ECB supervisor becomes UK central bank policy-maker
Trump says ‘no’ to CBDCs
Digital asset schism between US and eurozone widens
People: Palestine Monetary Authority appoints new governor
Plus board appointments in Colombia and UK, and Central Bank of Iceland’s new chief economist
Lagarde laments looming pressure on central bank independence
ECB president nevertheless says that loss of independence remains “unlikely”
Pakistan delivers sixth consecutive rate cut
Decision taking benchmark rate to 12% means policy has been eased by 1,000bp since last June
Trump’s rate cuts ‘demand’ spells trouble for Fed – economists
Comments will cause problems for central bank and threaten its independence, academics claim
Bangladesh Bank’s ex-governor warns of ‘politicisation’ of hacking
Rahman says bank was “victim, not accomplice” as anti-corruption body seeks to investigate 2016 theft
Singapore eases monetary policy for first time since 2020
Central bank slows exchange rate appreciation as core inflation falls and trade concerns loom
BoJ raises policy rate to highest level since 2008
Policy-makers raise inflation forecasts and signal further rate rises
Bank Indonesia’s YouTube channel hacked
Hackers streamed bitcoin-related content before page was restored
Lebanon’s depositors unlikely to see compensation, say analysts
Economists remain pessimistic, with one saying central bank should seek external help
Turkey’s central bank cuts rates by another 250bp
Second consecutive reduction comes despite inflation remaining at 44%
China tells insurers and mutual funds to buy more stocks
Regulators, including PBoC, provide new instructions to boost domestic equities market
Libya to issue new banknotes
Central bank announces plan for five, 10 and 20 dinar bills amid continued cash shortage
Bank Negara Malaysia holds policy rate
Central bank has left key rate unchanged for 20 months against backdrop of strong growth
EBA launches stricter EU-wide stress test for 2025
Banks face more scrutiny of credit risks following “overly optimistic projections” in past exercises
European Commission in ‘listening mode’ on potential FRTB changes
Delay or relief measures on the table after UK postpones start of Basel III to 2027
IMF commends Ethiopian central bank’s reforms
Institution says NBE’s measures helped country make progress in debt restructuring talks
Fed leaves central bank climate alliance
Departure from NGFS came ahead of US withdrawal from Paris climate agreement
Large firms drive inflation in advanced economies – BIS study
Analysis of barcode scanner data finds pricing decisions by individual companies have outsize impact
Esma sets deadline for delisting non-compliant stablecoins
Providers have until end of March to fully comply with Mica regulation, European supervisor says
FX interventions ‘excessive’, says RBI’s former regional head
India’s central bank nevertheless claims its actions to prop up rupee have been effective
Vietnam’s central bank orders takeovers of two lenders
SBV continues with plan to force stronger banks to take over weaker ones