News
Venezuela uses Bank of Spain to carry out international transfers
Maduro regime faces sanctions to prevent it accessing US financial system
Bundesbank launches architectural design competition for new campus
German central bank will refurbish and augment its campus in Frankfurt am Main
Fed proposes new capital rule for insurance firms
Fed does not anticipate firms would have to raise new capital
Georgieva emerges as sole contender for IMF top job
Bulgarian national set for managing director role as no challenger comes forward
UK lawmakers call for transparency on BoE governor appointment
MPs call on finance minister to make shortlist public as survey highlights trust deficit
DNB to start supervising crypto-asset firms
New powers result from the implementation of an EU directive tackling anti-money laundering
MAS launches initiative to help payment firms with compliance
Two-month pilot will help connect payment firms with legal service providers
EU regulators must co-operate more over money laundering – EBA head
EBA will set up cross-border AML “colleges” but governments need to improve mandates, says Campa
Inflation targets may have to rise, new study finds
Optimal policy would see targets rise by roughly the same amount as the decline in neutral rates, researchers say
Former Ukrainian governor says she was targeted in attack
Central bank says police must protect officials after Gontareva reveals she fears for her safety
IMF’s board of governors removes age limit for new managing director
Move could pave the way for the appointment of Europe’s nominee, Kristalina Georgieva
China lowers reserve requirements after premier’s intervention
PBoC cuts reserve requirement by 50bp to boost lending, its third move this year
Fed floats new stress test reforms after industry pressure
Previous proposal drew criticism from major global banks
EU should stick with Basel output floor – ECB’s Enria
ECB supervision chief urges lawmakers to implement contentious Basel III model constraints
BIS authors offer advice on escaping low inflation trap
Luiz Pereira da Silva and co-authors say “snapback” unlikely, given changing labour markets
Liberian judge releases three central bank officials on bail
Ex-governor Milton Weeks and other ex-officials bailed after “heated argument” in court
FOMC members appear split as meeting nears
Rosengren says “no immediate” need to cut, while Bullard urges Fed to take “aggressive” steps
RBI makes fresh bid to boost transmission mechanism
Banks mandated to link floating-rate loans to an external benchmark
People: Banque de France deputy nominated to EU Commission
Turkey fills two vacant deputy posts; Fed appoints head for new FedNow payments service; Iceland looks for director of financial stability replacement; FSB appoints Norman Chan’s replacement
The winners of the 2019 Fintech and Regtech Global Awards
Prizes awarded for outstanding work at the cutting edge of financial technology
Chile cuts rates again on lower inflation forecasts
Central bank reduces policy rate by 50 basis points to 2%; signals more stimulus may be needed
Trade war may delay renminbi as reserve currency, says reserves manager
Central banks are cautious when building renminbi reserves due to legal and liquidity issues
Lagarde tells lawmakers eurozone must reform
Candidate for ECB president hints at possible greater openness to civil society groups
Central banks ‘must engage’ with emerging technology – BoE’s Mills
PRA chief operating officer says BoE is planning new regtech projects