International
FX market becoming stronger transmitter of stress, IMF warns
Fund probes changing structure of world’s ‘largest and most liquid financial market’
The ‘EuroLiber’ for depoliticised payments
Biagio Bossone explains how Europe could provide a neutral anchor to support international payments
National statistics need reform to capture AI impact – study
Official data tends to lack the granularity to capture transformative effects of AI, authors say
European states announce improvements in payment systems
Denmark opts for back-ups, Sweden goes offline, Balkan states choose Sepa while Austria ups security
Central banks buying more gold after July lull – WGC
Kazakhstan was largest buyer in August; Bank Indonesia reportedly sells 11 tonnes
Swift to build blockchain-based global payments infrastructure
Partnership with 30 banks will be ‘pivotal’ for global finance, payments messaging network says
Book notes: Bankers’ trust, by Aditi Sahasrabuddhe
A novel investigation into how trust among central bankers – or lack thereof – helped and worsened crises of the past
Merz backs using Bank of Russia funds to help Ukraine
Frozen central bank assets could collateralise €140bn interest-free loan, says German chancellor
Trump ally nominated as IMF first deputy managing director
Dan Katz has ties to US Treasury secretary Scott Bessent and former BoE governor Mervyn King
Book notes: Private finance, public power, Peter Conti-Brown and Sean H Vanatta
A detailed history of bank supervision in the United States from 1789 to 1980
New taxonomy of operating frameworks from BIS economists
Two-dimensional approach captures “surprising similarities” between different methods
Options for realising gold revaluations
Is monetary gold a special case in central bank revaluations accounting?
Be proactive on AI and quantum, Riksbank deputy says
Authorities should collaborate despite geopolitical tensions, says Aino Bunge
AI ‘explainability’ a growing problem for supervisors – paper
Better guidance may be needed on model risk management, Basel-based FSI says
How FX pricing is adapting to Trumpian markets
Dealers are tying pricing engines to new signals in effort to cope with out-of-the-blue moves
The weaponisation of payments
Central banks must integrate geopolitical resilience into their payment oversight, argues Biagio Bossone
Nexus will connect at least three Asian countries by 2027 – CEO
Company expects to announce winning bidder for contract to build payments platform by year’s end
People: Former RBI governor appointed to IMF
Plus: Blyth replaces Bowe on BoE’s FPC and WGC teams up with Elton John
Lagarde says US-EU deal lowered uncertainty ‘considerably’
ECB president voices concern over Fed independence, French debt
A not-so-stable Genius Act?
New stablecoin rules raise monetary sovereignty and financial stability concerns
Bank notes: July to September 2025
A round-up of news and salient issues that have affected central bankers in the past three months
Ex-BIS research head backs tokenised deposits over stablecoins
Tokenisation is the “truly transformative innovation”, argue Cecchetti and Schoenholtz
BIS’s Hernández de Cos tells central banks to be realistic
Policy-makers should make clear what they can and cannot do, says new general manager