News
Bank of Israel increases level and risk of equities investment
Move comes despite disappointing returns from equities in 2018
IMF recommends new tool to measure housing market risks
Model shows downside risks in Chinese housing market have grown recently, report finds
Pakistan central bank opens up financial sector to non-bank players
Finance minister pledges central bank-issued digital currency by 2025
RBI cuts main rate again as growth fears deepen
Central bank revises down growth and inflation forecasts as election nears
National Bank of Cambodia to deploy blockchain payments system in 2019
Use of blockchain may improve financial inclusiveness of payments system
Indian governor says court defeat will not stop stressed asset resolution
Governor says RBI may issue a revised circular after adverse legal ruling
Arab regional payment system set for 2020 launch
The new system would replace the costly and inefficient correspondent bank model
IMF urges Morocco to pass new central bank law
The fund stresses importance of strengthening independence and role in financial stability
Bank of Spain warns stressed assets remain above pre-crisis levels
Deputy governor says mergers are clear alternative to boost profitability and efficiency
People: New chief operating officer appointed at the Fed
Patrick McClanahan returns to US central bank to take up COO post; former Central Bank of Ireland chief dies; and more
Fed to require fewer banks to submit resolution plans
The reform is the latest effort to streamline regulation under the Crapo Bill
Irish central bank says draft NPL law could worsen bank crises
Measure would restrict funding options and make credit more expensive, ECB warns
RBI to repeat forex swap after high demand for first operation
Second round of long-term liquidity will be on offer in late April
Global slowdown continues to warrant stimulus – Poloz
Poloz confident of Canada’s ability to adjust and says slowdown is temporary
Quarles defends decision to set countercyclical buffer at zero
But there may still be disagreement within the Fed’s ranks
ECB still short of 2019 gender targets
European Central Bank may restart recruitment processes if not enough women apply for roles, as it looks to meet ambitious targets by the end of the year
India’s Supreme Court deals major blow to RBI bank clean-up
Court strikes down tough RBI ruling on stressed assets, ending requirement for swift action in cases of default
PBoC denies reserve ratio rumour and seeks police investigation
PBoC denies widespread market rumour that it plans to cut the key reserve ratio starting from April 1
Latvia tightens AML framework
Rules on beneficial ownership, fake currency and cash forex transaction all amended
Bank of Italy confirms Panetta as senior deputy after clashes with government
Two new deputy governors also appointed after dispute with coalition government
Argentina’s push for central bank independence faces hurdles
Government sent bill to parliament to prohibit monetary financing but political support is elusive
Fed provides details on changes to stress-testing models
Central bank publishes report on 2019 stress-test models as part of transparency drive
ECJ asked to rule on whether public bodies can reject cash
German high court asks European Court of Justice to rule on legal tender definition, which could allow public institutions to refuse cash payments
Pakistan starting to recover from imbalances – SBP
Central bank hikes policy rate while highlighting some signs of improvement in the external balance; IMF mission chief meets authorities for initial programme talks