News
Global sandbox admits first fintech firms
GFIN accepts eight firms for tests in cross-border regulatory sandbox
ECB raises supervision fees in response to Brexit
UK-based banks looking to move to eurozone largely behind increased fees, ECB says
Macao weighs launch of yuan-denominated securities market
City aims to become yuan-clearing centre for Portuguese-speaking nations
Argentina abandons free float as peso crisis continues
Central bank says it will now intervene, even within “non-intervention” band; action seems to have stabilised peso for now
Former Argentine governor dismisses stabilisation plan
Martin Redrado says monetary base targeting is unsustainable and insufficient to tame inflation
Carney: BoE preparing for ‘fourth industrial revolution’
BoE is reforming in a bid to adapt to technological change, says governor
EU authorities need to improve insurance risk models, Eiopa warns
2018 stress tests show weaknesses in models used by national authorities, report says
Bulgarian law would give central bank management of resolution fund
Draft law tightens links with Single Resolution Board as part of preparations for eurozone entry
ECB to issue final two banknotes of Europa series
Enhanced security features should make it even more difficult for counterfeiters, central bank says
India’s Supreme Court issues RBI transparency ultimatum
Central bank given “last opportunity” to comply after continuing to “violate” earlier ruling
Reserve managers flag US-China trade war as main risk in 2019
Fed’s looser policy, ESG adoption and growing asset diversification are shaping the sector
Understanding the Fed’s proposed reserves tool
The FOMC hinted at a tool for cutting reserves demand at its last meeting – the question is, why?
Argentine peso plummets as political risk rises
Rising inflation and recession increase popularity of former president Cristina Kirchner
Bank of Samoa warns of crypto asset con
The Ponzi scheme is apparently spreading via churches
Ukraine embarks on easing cycle
Falling inflation allows National Bank of Ukraine to launch first rate cut in new easing cycle; forecasts depend on implementing IMF reforms
Swift names Pérez-Tasso as chief executive
Pérez-Tasso will take over from current chief Gottfried Leibbrandt, who will step down in June
Riksbank surprises observers with fresh QE and dovish message
Swedish central bank extends QE programme and delays next rate hike
Trump administration remains committed to Moore nomination
Candidate’s many controversies are not yet enough to derail his Fed nomination; Greenspan shares insights from governor appointments during his term
BoJ vows to continue ‘powerful’ easing for longer
Central bank promises low rates will last longer, and unveils raft of other measures
BIS chief sees technology as crucial to financial inclusion
Big data and technology are key to overcoming financial exclusion, says Agustín Carstens
RBNZ faces communication challenges in new policy framework
Some observers think new monetary policy committee may add confusion, but Orr appears to be focusing on broader topics
Bank of Jamaica should reduce forex ‘footprint’ – IMF
“Further rate cuts” also necessary, the fund says
Trump’s tariffs aren’t hurting eurozone yet, says ECB
Economists warn of danger to US in escalating trade war
BoE agrees to refine stress-testing in light of review
Independent report says stress-testing is working, but there is room for improvement