Hungary
National Bank of Romania resists the populists – for now
Veteran governor Mugur Isărescu has defended the central bank’s independence
Central Banking’s ‘Leaders’ for custody, banking and gold
Reserve managers reveal their top counterparties
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
The IFF China Report 2019: Redesigning the international trading and monetary system
Reform of the financial system that brought about the 2007–08 financial crisis has not gone far enough and advanced and emerging market economies must find a more co-operative way forward to ensure globalisation can continue.
The IFF China Report 2019: New globalisation – The path to the future
Multilateral rules and multilateral bodies will need to be upgraded in the coming years to better represent the shift in economic gravity towards Asia, which has emerged as the largest contributor to global growth during the past decade.
Staff cuts made at majority of central banks since 2013
But staff numbers grow at several banks, including ECB and Bank of England
Asset management: outlook for 2019
Monetary policy divergence, protectionism and ESG are shaping reserve managers’ approach to 2019
Hungarian central bank increases gold reserve tenfold
Governor Matolcsy says prime minister asked MNB to reconsider gold policy
Hungary prepares to normalise its array of policy instruments
Central bank reshuffles its wide range of unconventional instruments and launches lending facility
Hungarian central bank sets out instant payments infrastructure plan
Company wholly owned by MNB to have system operational ‘by mid-2019’
Hungarian deputy governor loses responsibility for macro-prudential policy
Nagy replaced as head of Budapest stock exchange two days earlier
Hungarian central bank delays introduction of capital buffers
Move taken “to support lending” as banks sell off portfolios of “problem loans”
Sale by Hungarian central bank challenged on transparency grounds
Central bank says process ‘transparent’, but local organisation brings legal challenge
Prospective eurozone members fail to meet convergence criteria, ECB says
ECB reports greater convergence on economic indicators among seven countries
Hungarian governor launches lawsuit against politician
Governor says law-maker accused him of “stealing”
Hungarian central bank plans offices in New York, Buenos Aires and Beirut
MNB governor Matolcsy formally opens Paris office
EBA publishes first complete list of European O-SIIs
Institutions designated by EBA criteria and also by supervisory judgement
ECB voices concerns over Hungarian National Bank
Recent measures create potential conflicts of interest, ECB says
Hungarian constitutional court strikes down central bank law
Both of Hungary’s highest courts rule against law on central bank assets
President refuses to sign Hungary central bank law
Law would have drastically reduced scrutiny of central bank, critics allege
Hungary central bank action ‘distorting’ swaps curve
Flooding market with cheap swaps knocks 14% off bid rate
Hungarian ‘bad bank’ gets Brussels go-ahead
Central bank will provide credit line of over $1bn
Hungarian central bank eases by scrapping deposit facility
The central bank announces the closure of its two-week deposit facility in April
Researchers find ‘strong evidence’ of ECB policy spillovers to CEE countries
Working paper examines spillover effects of ECB’s ‘non-standard’ measures since 2007