News
PBoC handed leading role in macro-prudential policy
Shake-up of PBoC’s governance structure sees central bank gain macro-prudential department
Adverse environment forces banknote firm Arjowiggins Security to close
Paper specialist forced to liquidate UK and French holdings despite restructuring
Polish parliament seeks to cap central bank salaries
Move comes in response to scandal over pay of two senior central bank staff
RBI lifts operation restrictions on three state-run banks
Banks no longer face dividend and compensation limits after capital ratios improve
Venezuela to sell 15 tonnes of gold to UAE, reports say
US senator warns of sanctions if UAE co-operates with Maduro regime
Kazakh president piles pressure on central bank to boost growth
Autocratic ruler berates ministers and central bank chief over banks and growth rates
IMF endorses Hong Kong’s tight macro-prudential measures
But risks to the outlook appear to be building, the fund says
European Commission accuses eight banks of bond market collusion
EC can fine banks 10% of their turnover if it finds “sufficient evidence” of market rigging
Philip Lane likely to become next ECB chief economist
Former academic economist set to become first Irish citizen in senior ECB role
Bank of Albania must resolve policy transmission issues – IMF
Issues with monetary policy transmission are obstructing efforts to hit inflation target
Central bank gold purchases soar to highest level since 1971
Russia, Turkey and Kazakhstan accumulated the most gold in 2018
Liberia steps up monitoring of NPLs
New credit reference system to help financial institutions keep track of credit history and debt obligations; investigation ongoing into ‘missing’ banknotes
Fed takes dovish stance as it clarifies long-run monetary policy
New statement seeks to clarify Fed’s balance sheet normalisation strategy
Podcast: Iceland removes gender bias from wages
Katrín Ólafsdóttir, MPC member at the Central Bank of Iceland, says equal pay certification will encourage women to enter the economics profession
Austrian far-right party nominates economist for governor
Robert Holzmann has distinguished career as pensions specialist, but political links may cause controversy
ECB to launch market expectations survey
Study aims to gather information on participants' views on future monetary policy evolution
PBoC continues with communications overhaul
Central bank aims to publish Chinese and English communications simultaneously in the future
Fed to open dialogue on stress tests
Conference will discuss the “transparency and effectiveness” of the stress tests
UAE central bank and Sama partner for blockchain project
New system will provide central financial transfer system that aims to make the process of remittance payments more efficient
Romanian government escalates attacks on central bank
Social Democratic party and finance ministry says bank is failing obligation to protect currency
Central Banking Awards: third round goes live
Prizes unveiled for economics, website, risk management, professional services, data and more
RBNZ demands action from insurers accused of conduct failings
Central bank finds “extensive weaknesses” in conduct and governance at life insurers
BoE opens doors for debate on the future of central banking
Event breaks new ground in central bank engagement with the public; participants offer both positive and negative feedback
Rwanda’s Rwangombwa handed second term
Governor previously oversaw improvement in country’s growth prospects and progress towards single eastern currency union