News
RBI unveils vision for e-payments overhaul
Central bank says next 10 years will see “revolutionary shift” in payments across India
Bank of Jamaica lowers reserve requirements further
Second reduction this year could be conflicting with currency concerns
People: Zimbabwe governor given second term
Patterson steps down as Bank of Canada deputy governor; Romanian deputy becomes IMF rep
IMF and World Bank develop system to support debt management
System provides methodology and analytical tools for countries in the process of adopting these techniques
Norway’s revised budget adds to pressure for tightening
Analysts think higher public spending could reinforce Norges Bank’s tightening cycle
BoE to scrutinise banks’ op risk tolerance limits
Watchdog says banks must prove they can stick to tolerance limits; cyber stress test planned
Trump urges Fed to help win the trade war
Fed’s Williams says tariffs are starting to wear on the economy
Cooling economic activity in China paves way for more stimulus
Policy-makers may turn to fiscal stimulus rather than monetary easing
Ukrainian central bank to fight court ruling on major failed lender
Former owner says “I won the lawsuit” but central bank says nationalisation was justified
HSBC hires BoE’s cyber risk chief
Watchdog’s CISO will serve as UK bank’s first head of resilience risk
Israel’s Steiner: central banks must adapt to changing banknote demand
Ilan Steiner highlights importance of banknote data in forecasting future demand
HKMA unveils measures to combat climate change risks
HKMA will be government’s representative in a potential HK$100 billion green bond offering
BoE to expand scheme that sends economists to emerging markets
UK government partners with BoE to provide economic expertise to emerging markets
Capital outflows further reduce Turkey’s reserves in March
Current account deficit falls, but the economy’s weak external position remains unchanged
Judy Shelton could be Trump’s next Fed pick
Shelton, like Trump’s two previous picks, is a gold standard advocate
Joint project unveils dataset stretching back to 1086
BoE and statistics agencies publish vast collection of historical data
Baltic and Nordic regulators form anti-money laundering group
Move follows wave of scandals over handling of alleged money laundering
US lawmakers establish task forces to examine fintech and AI
Task forces aim to assess risk to economy and investigate regulation surrounding fintech and AI
Nigerian president nominates Emefiele for second term as governor
Governor has been most important figure in Nigerian economic policy for last five years
Sharon Donnery to step in as acting Central Bank of Ireland governor
Donnery to serve as acting governor for the three months between the terms of Lane and Makhlouf
Denmark’s RTGS proves resilient to liquidity stress test
Kronos responds to IT failure, lack of access to money markets and reduced intraday credit
Ghana holds first Financial Stability Council meeting
Council was established after central bank confronted crisis in commercial lenders
Central banks prove eager investors in AIIB debut
Official sector snaps up two-thirds of AIIB’s inaugural bond issuance
Fed proposes modifications to the wholesale payment network
Proposal to extend window comes with risks but the Fed says it might have a solution