News
BIS pays out double dividend after bumper profit
Recovery from Covid-19 handed the BIS its second-largest profit in its history
Hong Kong to study ‘e-HKD’ at retail level
Hong Kong will begin study on retail CBDCs and work with PBoC on e-CNY in the next year
Hungarian central bank raises policy rates
MNB says data shows upside risks and pledges to continue bond purchase programmes
ECB takes over supervision of largest EU investment firms
Firms posing systemic risk should not try to circumvent new regime by changing structure, ECB says
Peru’s likely president-elect will reappoint Velarde
As opponent disputes his narrow win, Castillo affirms role of long-serving governor
Carney warns CBDC delays play into hands of big tech
Failure to launch CBDC risks entrenching power of tech firms, former BoE governor says
US Congress votes to repeal ‘true lender’ rule
Trump-era provision allowed lenders to partner with big banks, which prompted usury fears
Mexican central bank raises rates for first time since 2018
Governing board votes three to two for hike, citing above-target inflation and upside risks
Pandemic changes could help women advance in central banks
Remote working gives staff flexibility not offered by existing arrangements, say senior policy-makers
PBoC tightens ban on crypto transactions
PBoC warns largest banks to verify customers’ identities and stop aiding bitcoin-related transactions
Bank of England holds interest rates and asset purchases
MPC wants evidence spare capacity is being reduced but Haldane votes for lower asset purchases
UK committee calls for reform at FCA over ‘mini-bond’ scandal
Treasury Committee says it does not believe Andrew Bailey misled it over his role in the matter
Large global banks sign up to new Swift platform
Payments consortium says new system will facilitate seamless transactions
Czech central bank raises rates by majority vote
Divided board raises rates as inflation nears top of target band
A brick-by-brick guide to inflation
Cleveland Fed uses Lego videos to explain inflation
People: Sam Woods reappointed; Fernanda Nechio returns to SF Fed
BoE deputy gets fresh term; Nechio to lead regional Fed’s sustainability research; and more
Bank of Israel calls on banks to improve tech risk monitoring
Central bank urges close examination of projects that imply organisational changes
BoE completes transition to polymer
New £50 banknote featuring scientist Alan Turing enters circulation
Angola grants central bank independence
Constitutional amendment will guarantee autonomy and add financial stability to mandate
Catherine Mann appointed to Bank of England MPC
Former Citibank and OECD chief economist to take Jan Vlieghe’s seat; Jonathan Haskel reappointed
Malaysia and Thailand launch real-time cross-border payments
Central banks reach milestone for Asean payment connectivity plan
People: IMF deputy managing director and two more senior officials to leave
Tao Zhang leaves deputy’s role at end of tenure; IT and HR directors resign
Cuba bars dollar cash deposits
Country struggling with sanctions as inflation spirals
Bank of Ghana launches local gold-buying programme
Central bank aims to double gold reserves over the next five years and support local mining industry