Central Banking Journal
Why Bulgaria needs to deepen its currency board
Bulgaria’s currency board rules should be extended to transaction deposits at commercial banks
Stability versus solvency
There is still far too much regulatory forbearance on troubled bank debt
Book notes: The power of money, by Robert Pringle
Economists would benefit from reading this “remarkable” book about money’s historical and social roles
Interview: Luiz Awazu Pereira da Silva
BIS deputy general manager talks about the obstacles central banks face with regard to climate change
Bulgaria: long live the currency board
Bulgaria should reject the euro and extend its currency board to cover bank deposits
Lifetime achievement award: Otmar Issing
Architect of euro’s framework still playing important role in shaping debate on monetary policy
Specialised lending initiative: BNP Paribas
New ‘global’ setup helped secure US dollar-denominated assets from a Eurosystem central bank
Transparency: Reserve Bank of New Zealand
Publication of new MPC handbook and minutes increases RBNZ’s openness
Communications initiative: Bank of Jamaica
Bank of Jamaica has done more than just lift the economic literacy of its society
Collateral management services: National Bank of Georgia/Montran
Duo developed Georgia’s fully automated new collateral framework
Global markets award: HSBC
The bank is a leader in green finance and helped clients navigate the low-rate environment
Website of the year: Central Bank of Brazil
New bilingual site offers enhanced communications to full range of stakeholders
Initiative of the year: Bank of Thailand
Thai central bank used two-way communications to support delivery of major initiatives
Currency manager: Bank of Mexico
Central bank invested in new printing plant to address capacity and concentration risks
Data services: Swift
Better data is making global payment chains safer and more efficient
Economics in central banking: Matteo Maggiori, Brent Neiman and Jesse Schreger
Global Capital Allocation Project has helped pick apart tangled network of cross-border capital flows
Advisory services: Deloitte
Consultancy has shown strength in wide range of tech and governance advisory roles
Currency services: Note Printing Australia
Improved IT and data provision helped Reserve Bank of Australia
Custody initiative: Euroclear
The securities depository has debuted instant dollar settlement in central bank money outside the US
Governor of the year: Mark Carney
Carney has played a vital role in managing Brexit risks
Reserve manager of the year: Swiss National Bank
New trading capabilities have helped to better manage liquidity as assets hit $825 billion
Innovation in reserve management: BlackRock
The US asset manager has made great strides in technology, research and advisory capabilities
Green initiative: Network for Greening the Financial System
Voluntary body is driving efforts to tackle climate-related risks
Asset manager of the year: Amundi Asset Management
The French asset manager helped reserve managers meet ESG criteria while boosting AUM