News
Italian cabinet approves central bank appointments after delay
Move comes after strong criticisms of the Bank of Italy by leaders of governing parties
Central banks complete first blockchain currency swap
Monetary Authority of Singapore and Bank of Canada link experimental local payment networks
BoE says Brexit is creating economy of two halves
Policy-makers strike hawkish note, but Carney says households and businesses are divided
Fed makes ‘technical adjustment’ to monetary policy
The move does not signal a change in policy stance, Powell says
PBoC to issue new banknotes with enhanced security features
New Chinese banknotes will use optically variable magnetic ink
Former UK civil servant nominated to lead Irish central bank
Senior civil servant with experience in New Zealand and UK nominated for top central bank role
DR Congo slashes rates to 9% from 14%
Central bank hopes period of relative stability will endure
Poloz tells lawmakers carbon tax is likely inflationary
The politically controversial policy could have a mixed impact on growth, the governor says
IMF flags high public debt in Middle East oil exporters
Oil producers in the Mena region are expected to average budget deficits of 4% of GDP in 2019
‘A huge job in anybody’s terms’ – BoE’s court sets criteria for new governor
Governor must be able to promote the UK post-Brexit, while issue of diversity looms large
BoE unveils ‘systemic risk buffers’ for UK banks
Aims to ensure adequate capital within UK ring-fenced firms, as well as at global level
New York Fed moves to tackle ethics in financial culture
Academics and bankers “share many of the same concerns” about ethics and behaviour, New York Fed official says
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?