Asia-Pacific
BIS announces board changes
Panetta elected chair, plus new roles for heads of RBA, BCB, BoJ and BoK
Central banks increasingly use KPIs for strategic planning
Practice more widespread in jurisdictions that link annual reviews to all staff
Trends in reserve management 2026: survey results
101 central banks, responsible for $9.5trn+ reserves, reveal exclusive data on FX interventions, if the US dollar is still seen as a safe-haven currency and approaches to investing in 20+ currencies
Strategic control processes often data driven
Processing is implemented quarterly or bi-annually across jurisdictions
Annual reviews usually linked to strategic plans for some staff only
Remuneration commonly not linked with progress on strategic goals
Team leaders increasingly involved in strategic plan implementation
Respondents commonly review plans and re-align objectives after strategic cycles
Number of dedicated strategic planning units rises
Larger central banks more likely to have dedicated units
Few central banks involve third parties in strategic plan development
Standard operational budgets remain leading source of funding
Disclosure and supervision are top ESG strategy objectives
Emissions monitoring broadly in focus for central banks with narrower plans
Strategic planning frameworks widely draw on Swot analysis
European central banks’ strategies tend to favour Pestel analysis
Narrower strategic planners use more pillars than broader planners
Secondary objectives average 15 in central banks’ strategic plans
People: Bank of Greece approves new term for governor
Plus: change at the top in Vietnam, new general counsel at Netherlands Bank
Third of central banks set strategic plans on five-year horizons
Just one respondent implements planning on ad hoc basis
‘There is agency’: experts say countries can deal with tariffs
‘Bad behaviour’ by US and China has brought many other nations together, speakers say
Singapore tightens policy for first time in four years
MAS notes ‘considerable risks’ to inflation and growth outlook since start of Middle East conflict
Asean pledges deeper integration in face of Middle East uncertainty
Bloc’s finance ministers and central bank governors highlight increased geopolitical risks
RBI holds rates amid uncertainty over Middle East conflict
Bank acknowledges risks to inflation and growth, but says India is well placed to withstand shocks
No slowdown in Asian sustainable bond issuance – senior exec
Let-up not expected in next three to five years, despite headwinds from Iran war
Reserve managers weigh tactical response to Middle East conflict
Some make case for ‘nimble’ duration management, but others say uncertainty is too high
BCTL chief: resilience relies on credibility and co-operation
Helder Lopes says ‘structural shifts’ of AI, climate and cyber security require urgent adaptation
BNM chief: central banks must be ‘architects of resilience’
Policy challenges are ‘converging all at once’, Malaysian governor tells Central Banking Meetings