Europe
ECB economists highlight smooth quantitative tightening
Foreign investors are largest euro area securities holders, but households are buying more
Governors rarely removed by central bank boards
Ultimate responsibility broadly vested in heads of state, other government entities
Global Money Week aims for better money sense
OECD event aimed at boosting financial literacy receives attention in central and eastern Europe
Fight against rating inflation only partly successful – ECB study
ABS issuers still shop around for credit ratings despite tougher EU regulations, paper finds
Governors’ terms average just over five years
Central bank chiefs are typically allowed two consecutive terms in office
ECB to explore nature-related risk in environmental plan
Climate change and biodegradation are “two sides of the same coin”
People: Sveriges Riksbank appoints new deputy governor
BIS replaces general counsel, SNB announces new head of communications
Around half of governments consult central banks on mandate reviews
Practice less likely to be found in Asia-Pacific and the Americas
Denmark to join eurozone’s T2 and Tips systems
National Bank of Denmark expects to fully transition by April 2025
ECB and EBA establish new bank supervisory committee
New body aims to harmonise supervisory, resolution and statistical reporting
Bundesbank reckons with predecessor’s past
German central bank publishes report showing Reichsbank was integral to the Nazi era
Bank of Italy study looks at regulating finance firms’ tech risks
European authorities’ efforts have increased sector’s operational resilience, researchers find
EU watchdogs to launch prop trader capital review in April
Prop traders say bank-style IFR rules are driving them out, but doubt EBA will suggest changes
ECB unveils new monetary policy framework
Move will see central bank make cheaper loans to eurozone lenders as it shrinks its balance sheet
ECB banking supervision staff to move location
All 1,700 supervisory employees to move into Gallileo building by end of 2025
Central European countries see rise in counterfeiting
Danish central bank to upgrade banknotes ahead of overhaul
ECB official apologises for ‘reprogramming’ remarks
Elderson tells staff he believes in open debate on environmental matters after outcry
New study finds uneven impact of changing energy costs
Energy prices more likely to affect product prices than wage increases
Elections influence bank lending in eurozone, study finds
Bank of Finland research suggests pre-poll uncertainty raises cost of loans
UK floats plan to seize Russian central bank assets
Foreign secretary says country is prepared to act without all its Nato partners
ECB holds rates again, cuts inflation projections
Lagarde hints that any cut is likelier in June than April, says bank is watching wage data
ECB warns Hungarian law could harm central bank’s independence
Bid to expand executive board powers comes amid growing rift between governor and prime minister
Supply shocks driving eurozone inflation, ECB study finds
Rising food and energy costs are main contributors, along with hangover effects from pandemic
Standardised FRTB leaves banks befuddled on residual risk
Benchmarking exercises find “weak consensus” among banks over notional values for exotics