Reserve Bank of New Zealand (RBNZ)
People: Saunders and Kashyap reappointed to BoE committees
BoE reappoints its most hawkish member to Monetary Policy Committee; RBNZ gains new chief economist; ESM appoints new audit board member
Assessing the RBNZ’s new dual mandate
Researchers weigh pros and cons of multiple central banking objectives
Walking the talk – engaging with indigenous communities
Engaging with disadvantaged communities is increasingly recognised as important by central banks
RBNZ announces members of new monetary policy committee
Four internal and three external MPC members will make monetary policy from May 8
RBNZ signals future rate cut on international weakness
Looser policies in the US and eurozone are putting upward pressure on New Zealand dollar
RBNZ paper seeks high-speed labour market indicator
“Midas” approach can help build picture of current state of labour markets, say economists
People: Rajan keeps options open on BoE top job
Former RBI governor leaves open possibility of taking on BoE governorship; and more
RBNZ adopts new dual policy target
New Zealand’s central bank will now have maximum employment target alongside inflation goal
RBNZ keeps options open as rates stay on hold
Next rate move “could be up or down” says governor Adrian Orr
The winners of the 2019 Central Banking Awards
MAS wins central bank of the year, Karnit Flug awarded governor of the year and Zhou Xiaochuan recognised for lifetime achievement; 23 other awards announced
RBNZ demands action from insurers accused of conduct failings
Central bank finds “extensive weaknesses” in conduct and governance at life insurers
RBNZ suggests eliminating minimum Tier 2 holding
New Zealand’s central bank proposes dramatically increasing Tier 1 to reduce resolution risk
Central Banking Awards 2019: first winners announced
First group of winners includes reserve manager and central bank initiative of the year
Initiative of the year: RBNZ’s Financial Strength Dashboard
The RBNZ’s Financial Strength Dashboard offers window into nation’s banking system
People: RBNZ completes senior team shake-up
Chief information officer and two new assistant governors round out RBNZ reshuffle
RBNZ launches charter in bid to improve relations with banks
Relationship Charter designed to ensure institutions follow appropriate conduct
People: RBNZ names new assistant governor
NZ chief economist to step down; Vanuatu governor gets new term; Swift CEO to depart, and more
RBNZ proposes to ‘almost double’ capital requirements
Central bank advocates shareholders bear greater risk to incentivise good management
Five central banks and supervisors join environmental group
Network for Greening the Financial System aims to help meet Paris agreement goals
RBNZ launches climate change strategy
New Zealand joins international group of central banks aiming to meet Paris agreement goals
New Zealand governor says banks need higher capital ratios
RBNZ concerned that country could pick up bill for failure of foreign-owned banks, Orr says
New Zealand central bank lowers loan-to-value ratios
RBNZ governor says housing risks are falling, but says banks may need higher capital ratios
RBNZ and Fed ran similar policies despite different mandates, paper finds
New Zealand’s inflation target led to similar policies as Fed’s dual mandate, researchers find
Media matters
Mike Hannah says central bank communications teams need to look beyond traditional media