News
PBoC to support green finance with low-cost funding
Bank says it will extend its tougher regulation of crypto assets
Brainard reiterates that inflation is ‘transitory’
Fed board member speaks after PCE inflation figure of 4% released
ECB stress test highlights importance of credit risk
Mid-sized banks suffer higher capital depletion due to lower income from interest and fees
Liberia’s central bank expands monetary policy committee
Governor and deputy governor reappointed
BIS ‘Project Nexus’ targets 60-second cross-border payments
Project seeks to link up existing fast payment systems, but several hurdles remain
Report finds major failings in eurozone’s RTGS management
ECB-commissioned Deloitte inquiry into system failures recommends series of reforms
Bahrain court convicts Iranian central bank of money laundering
Government says case involving CBI was largest money laundering case in Bahrain’s history
UK’s FCA consults on measures to increase boards’ diversity
Regulator may bring in “comply or explain” rule over diversity on publicly listed firms’ boards
Check under your cushions, urges Chilean central bank
Pandemic has led to shortage of coins in circulation, causing problems for retailers
Diaz de León warns of trouble for emerging markets
Mexican governor appears to criticise policies of country’s president
People: Bank of Canada appoints top payments regulator
Iceland’s central bank appoints new CEO and World Bank names country directors
Ethiopia’s central bank launches digital payments strategy
NBE pledges to launch retail real-time payments system and consider charges on cash use
People: ECCB appoints first woman deputy governor
New deputy governor in Korea; deputy governor reappointed in Ghana; and more
G30 calls for major US Treasury market reform
Rise of non-banks and side-effects of regulation are triggering bouts of “dysfunction”, report warns
Fed launches standing repo facilities
Facilities to be open to foreign central banks and domestic primary dealers; FOMC keeps policy on hold
US regulator joins NGFS
OCC follows Fed into green network and appoints climate change risk officer
Kenyan central bank prepares further monetary policy reforms
Review recommends action to improve modelling, boost interbank market and develop education
South Korea aiming for rate hike as growth recovers
BoK to discuss rate hike in next policy meeting, but quarterly GDP figure shows some weakness
DLT handles major transaction volume in digital euro experiment
Test processed 300,000 payments simultaneously; carbon footprint smaller than current card payments
BoE’s Vlieghe: central bankers must speak up about economic fragility
Outgoing MPC member says impact of debt and inequality is “stark”, but goes beyond central banking
Kazakhstan raises rates as inflation climbs
Central bank warns inflation could still rise further, a similar issue to neighbouring Russia
Bank of Russia increases policy rate 100bp
Central bank announces fourth rate hike of year amid rising inflation expectations
ECB to lift limits on bank dividends from September
Supervisor stresses lenders should remain prudent in distributing dividends and share buy-backs
ECB bond holdings exposed to nature-related financial risks – paper
Study warns corporate bond holdings rely on ‘ecosystem services’ and contribute to biodiversity loss