International
‘Green bonds’ are helping firms clean up their act – NBER paper
But bonds only have a significant impact if they are independently certified, researcher finds
Regulators prepare response to Facebook’s Libra
Plans under way for G7 working group, as crypto asset plans draw criticism in Europe and US
Facebook unveils new ‘currency’
Social media group says it plans to “reinvent money” with payment system backed by liquid reserves
IMF formalises strategy on ‘social spending’
Lagarde says tackling inequality, exclusion and other social problems is key to rebuilding trust
Review calls on IMF to deepen monetary expertise
Independent report says IMF broadly made the right calls on risks around unconventional policy
CBDC could raise bank funding costs – Philadelphia Fed
Choosing an appropriate interest rate could help alleviate problem, say researchers
Global imbalances require ‘carefully calibrated’ policies – IMF
Report comes as G20 leaders warn about imbalances concentrated in advanced economies
Climate disclosures still ‘insufficient’ – task force
There has been progress on climate disclosures but much more is needed, report says
Senators urge Fed to investigate Trump and Deutsche Bank allegations
Whistleblowers allege financial wrongdoing by senior bank staff and transactions involving Trump
Green solutions – Supporting our clients along their green investment value chain
From extreme weather to transition risks, the systemic challenge of climate change lies in the interconnectedness of risk. Amundi is helping to shape solutions by integrating climate risks across its asset classes and pushing public debate forward.
Carney warns of ‘global liquidity trap’
BoE governor says model of “capital flows at risk” highlights important vulnerabilities
Climate change – Where can central banks contribute?
Climate change is becoming increasingly important to central banks thanks to its implications for financial stability. In a forum sponsored by Amundi, Central Banking convened a panel of experts to discuss the latest innovations, regulations and…
Can central bankers turn finance green?
The Network for Greening the Financial System aims to bring about fundamental change. The central bankers who created it made a strong start but face serious challenges.
BIS research documents high concentration of cross-border credit
Big banks dominate global credit, which matters for global spillovers, authors say
Carstens warns fading regulatory momentum strengthens ‘vested interests’
BIS chief says complacency could set in as regulators move from implementation to evaluation
A powerful new force – Central banks and climate-related risks
Increasing global concern about climate change is causing central banks to take notice of the issue and its potential implications. Frédéric Samama, head of institutional client coverage at Amundi, examines the findings of Central Banking’s survey on…
Regulators must do more to assess risk of crypto assets, says FSB
FSB members differ on how to tackle international co-ordination
A climate of change
Central banks are striving to take practical steps to tackle climate change risks. Can they succeed?
De La Rue CEO steps down as firm hit by Venezuelan losses
Banknote company says Venezuelan central bank failed to pay $23 million bill
New data reveals 20% drop in correspondent banking
CPMI data reveals ongoing decline; FSB unveils latest work to reverse trend
Why two degrees matters to central banks
Ulrich Volz explores why strong leadership is required from central banks and supervisors to ensure the financial sector will be in a position to weather climate risks.
BIS’s da Silva says climate change is an ‘epistemological break’
Climate change is starting to revolutionise investors’ thinking about risk, says deputy chief
People: Brazil likely to replace deputy with San Francisco Fed economist
Fernanda Nechio nominated for Brazilian central bank board; two appointments in Lithuania; and more
FSB working on cyber incident response toolkit
Team developing tools for effective response and recovery after a cyber attack