International
New IMF data reveals non-banks drive capital flows when global risks rise
Evidence can be used to analyse how changes in industry mix can impact capital flow volatility, researchers say
IMF and World Bank develop system to support debt management
System provides methodology and analytical tools for countries in the process of adopting these techniques
Strong dollar is weighing on trade – BIS’s Shin
Advanced-economy monetary policy may have made the problem worse, he says
Central Banking’s ‘Leaders’ for custody, banking and gold
Central banks want integrated custody platforms and real-time data from custodians as the low-yield environment drives demand for banking services and increases the relative attractiveness of gold
Education, education, education: designing a master’s in global central banking
The BoE’s Paul Fisher says there is a growing need for all-round central banking education
Central banks prove eager investors in AIIB debut
Official sector snaps up two-thirds of AIIB’s inaugural bond issuance
Time for resilience
Events that impact markets have made it crucial to build resilient portfolios that are aware of downside risks. BlackRock explores the importance of protection in downturn scenarios for reserve managers.
Central bankers must grapple with climate complexity, panel says
But regulatory frameworks should not be changed to boost “green” agenda, expert says
Central bank gold buying hits new high
Official reserve managers bought 145.5 tonnes last quarter, a 68% increase from Q1 2018
Carstens says EMEs are right to intervene but must be ‘rigorous’
BIS is “expending a great deal of analytical effort” in understanding the issue, he says
Central banks complete first blockchain currency swap
Monetary Authority of Singapore and Bank of Canada link experimental local payment networks
Bank profitability is associated with lower systemic risk – IMF paper
Over-reliance on non-interest income can increase institutional and systemic risk, researchers find
Liquidity strain heightened since September – IMF’s GFSR
Regulations and investment innovations could be driving factors, the IMF report says
IMF researchers present guide to enabling negative interest rates
Exchange rate between cash and bank reserves is the “best approach”, researchers say
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
The IFF China Report 2019: The Bay Area Development
Located at the start of the Maritime Silk Road, the Guangdong–Hong Kong–Macau Greater Bay Area seeks to harness advanced technology and green finance to catch up with the economically advanced bay areas of New York, San Francisco and Tokyo.
Sluggish investment was key factor in weak post-crisis recovery – IMF research
Output losses affected countries regardless of whether they had suffered a banking crisis
FSB sees room to improve resolution frameworks
Progress is most advanced in globally systemic banks’ home jurisdictions, but gaps remain
Reserve managers flag US-China trade war as main risk in 2019
Fed’s looser policy, ESG adoption and growing asset diversification are shaping the sector
Swift names Pérez-Tasso as chief executive
Pérez-Tasso will take over from current chief Gottfried Leibbrandt, who will step down in June
Financial openness key for monetary spillovers – RBA research
Trade flows appear not to contribute to interest rate correlation
The IFF China Report 2019: Financial deepening, fintech development and green financing
The past 40 years have seen China transform from a recipient of global aid to a major economic centre in its own right. China is now seeking to deepen its markets, gradually open its borders to global financial flows, and promote new and innovative forms…
Fintech and the future – Improving financial literacy
Li Dongrong, president of the National Internet Finance Association of China and former deputy governor of the People’s Bank of China, explains how financial technology can aid sustainable growth, transform the structure of financial markets and promote…
Motivations and prospects for central bank digital currency
Sayuri Shirai surveys the many forces driving increased interest in CBDC, and its flip side – changing cash dynamics