News
Bank of Jamaica pushes banks to meet full LCR this year
The central bank also plans to introduce other liquidity management standards in coming years
ECB’s chief economist takes to Twitter
Praet expresses scepticism about dual mandate and rejects ‘modern monetary theory’
Developed world needs fiscal boost – Romanian deputy governor
Once wages recover pre-crisis level, inflation will rise fast, research finds
Libyan central bank issues first polymer banknotes
One of the country’s rival central banks collaborates with De La Rue
People: Rajan keeps options open on BoE top job
Rajan leaves open possibility of taking on BoE governorship; Al Hamidy reappointed at Arab Monetary Fund; government observer joins RBNZ MPC meetings; and more
Central Banking Awards 2019 – as it happened
Live blog of events at this year’s Central Banking Awards
Slovakian president says new governor must give up party ties
Finance minister Peter Kažimir says he will resign parliamentary seat soon
Supervisory compliance weaker on 55% of Basel III principles – IMF
FSAP reports uncover potentially worrying trend on financial supervision since mid-2013
Triple reserve managers safeguard Singapore’s stability – Ravi Menon
Menon explains the separate roles of the three institutions managing national financial resources
Basel Committee clarifies ‘expectations’ on crypto
Banks must meet certain minimum standards if they want to trade crypto assets; more details on prudential expectations to follow
Yi Gang makes People’s Congress debut as dilemmas grow
Governor says he sees smaller room for cutting reserve requirement ratios in 2019 but does not rule out the possibility
Experts debate regulatory support for energy-hungry technology
Blockchain requires a vast amount of energy, which could become detrimental for the planet should the technology be adopted more quickly
IMF says Gambian central bank is managing well
Significant policy rate cuts are “appropriate” in light of falling inflation, IMF report says
IMF staff praise Bank of Jamaica’s engagement campaign
Authorities must pass a law to guarantee the central bank’s operational independence, says staff report
BoE/FCA climate forum launches new initiatives at first meeting
Four streams will report back on key financial risks surrounding climate change
Menon backs blockchain as Project Ubin enters new phase
The MAS aims to expand Project Ubin into instant 24/7 cross-border platform, says Menon
NY Fed activates motion to dismiss TNB’s lawsuit
“The relief TNB seeks is wholly incompatible with the public interest” – New York Fed
Ireland to cease euro banknote production
Central bank will look for third-party provider to continue to meet Eurosystem obligations
Bank of Mexico stresses risks stemming from state-owned oil company
Pemex provides 20% of Mexico’s fiscal revenues, but is grappling with high debt and falling output
Bulgaria nominates deputy governor as ECB inspects banks
Nominee to lead banking supervision team currently heads state deposit insurance fund
Fed to limit use of qualitative stress tests this year
The move enables some large banks to avoid capital planning capabilities examination
Romanian central bank warns on tax as dispute worsens
New team must be installed to lead central bank, says prime minister’s adviser
ECCB announces digital currency pilot
Governor Antoine says the pilot is not “an academic exercise”, as the central bank plans to roll out the new instrument to the public within 18 months
BoE economists find CBDC could permit helicopter money
Helicopter drop could be feasible without losing control of rates but may still be unwise, authors say