News
Vietnamese government tells central bank to draft fintech rules
Move follows central bank warnings of dangers posed by unregulated fintech sector
OECD urges RBA to review policy framework
Recommendation comes just weeks after governor dismissed the idea
Turkey raises banks’ gold and FX reserve levels
Central bank announces work with state-owned organisations on prototype CBDC
PBoC widens offshore bond trading for Chinese investors
Large banks will be able to deal in foreign bonds via Hong Kong under new scheme
Bank of Finland targets 2050 carbon neutrality for investments
Greening FX reserves will only be possible if countries meet their Paris climate goal, central bank says
RBNZ served ‘compliance notice’ after cyber attack
Privacy commissioner concerned by possible “systemic weakness” in central bank’s cyber defences
People: SNB board appoints new member
Former Bank of Jamaica senior official appointed to lead financial services commission; Riksbank appoints acting head of corporate services; and more
Lebanese central bank audit has not yet started, says outgoing finance minister
Media reports prosecutor probing new prime minister over central bank-backed loans
Kazakhstan hikes main rate as food prices balloon
Government reaches into its non-monetary toolbox to help tackle inflation
Brazil’s Goldfajn to be IMF western hemisphere chief
Former central bank governor to take post vacated by Alejandro Werner
Sri Lankan president names political ally to lead central bank
President appoints ex-governor Cabraal to role after predecessor resigns amid growing crisis
BoE’s Hauser mulls future of central bank balance sheets
Balance sheets will be bigger but also more variable, executive director says
Cœuré issues urgent call for CBDC development
Central banks have no time to waste, says BIS official, as crypto and stablecoins threaten disruption
PBoC opens up wealth management to Hong Kong and Macau
China looks to shore up Hong Kong’s status as a financial centre amid concerns over security crackdown
Regional Fed presidents sell equities after media reports
Rosengren and Kaplan divest assets to avoid “even the appearance” of conflict of interest
Somaliland president replaces central bank governor
Ali Ibrahim Jama had led unrecognised state’s central bank since 2018
Peru’s central bank doubles rates on higher inflation
MPC says it expects inflation to be temporary and says economy is still weak
Canadian governor outlines next phase of policy
Governor says Bank of Canada will keep asset holdings unchanged in “reinvestment phase”
OCC issues $250 million penalty against Wells Fargo
US regulator says bank has failed to meet commitments on loss mitigation
Former Ecuadorian governor arrested in Miami
US authorities arrest Delgado for immigration violations nine years after he fled Ecuador
ECB announces moderate cut in net asset purchases
Council unanimously agrees adjustment despite mid-term below-target inflation projections
Sarb governor urges shift to narrow inflation target
Kganyago says it was a “mistake” to maintain a target band for so long
Bank Indonesia tells banks to provide financing to SMEs
As much as 30% of banks’ loan books will need to be directed to small businesses
Iraqi court jails foreign engineers over central bank dispute
Australian engineer’s family say he was jailed to pressure firm over troubled project