News
Turkish central bank tries to tighten policy without hiking rates
Currency continues to slide as data shows central bank’s FX reserves fell by one-sixth in 12 months
Lagarde calls on governments to prolong fiscal support
ECB president thinks regulatory, investment and education measures are needed to boost post-pandemic recovery
FSB weighs impact of growing big tech dominance
Big tech offers benefits but is also using its clout to gain significant market power, FSB says
SNB head to face council over sexism allegations – media reports
Lawmakers demand answers on treatment of women after report alleges sexist culture at SNB
Argentina’s central bank attempts monetary balancing act
Central bank tries to increase government access to pesos while raising repo rate
G-7 central banks agree CBDC principles
BIS joins with leading central banks to set out principles for deciding to issue CBDCs
Fed and OCC act against Citigroup
US lender fined $400 million by OCC as regulators cite poor risk management
Ukrainian governor denies wanting to force deputies out
Shevchenko says reprimand was over communications, but observers warn of political pressure
Riksbank defends corporate bond purchase programme
Central bank says increasing reliance on bond issuance warrants intervention
UK’s FCA bans crypto derivatives for retail investors
FCA says retail crypto assets have no reliable valuation basis and could increase financial crime
New Zambian governor appointed after Kalyalya dismissed
IMF takes unusual step of issuing statement in support of central bank independence
IMF staff warn ‘exceptional’ demand for funds likely to continue
Executive directors agree to extend debt relief and higher borrowing limits, but further support relies on political backing
BoE may update resilience guidance, post-Covid
Granular targets on minimum service provision after outages could be revisited, adviser suggests
Ukrainian central bank council reprimands deputy governors
Vote puts pressure on Rozhkova and Sologub to quit central bank in latest move against reformers
IEO calls for IMF to rethink house view on capital controls
Independent review says 2012 reform was helpful but still suffers from shortcomings
RBI appointments clear way for delayed MPC meeting
Three new officials will start setting Indian monetary policy this week
Eurogroup nominates Elderson to ECB board
European Union’s governments and parliament must now consider DNB official’s appointment
US Treasury imposes sanctions on Syrian central bank chief
Governor Karfoul used extortion tactics to help Assad regime, alleges US Treasury
Machine learning algorithms could increase ethnic bias – research
Technology makes loans more likely for US ethnic minorities but increases interest rates, paper finds
People: Norwegian SWF official moves to central bank
Jamaica appoints new deputy governor, while Swedish deputy governor has term extended
ECB steps up research on ‘digital euro’
Central bank analysing both centralised and decentralised options for a digital currency
Argentina allows peso to fall faster
Central bank increases repo rate as currency falls and inflation rises, despite severe GDP contraction
FCA grants UK firms 15 months to comply with post-Brexit rules
UK regulator updates handbook to show which regulation must be adhered to by the end of 2020
Fed extends Covid-19 emergency measures
Lael Brainard is again sole vote in favour of outright ban on banks making dividend payments