Kroll explores why many central banks are investing in skills and data to tackle money laundering, but resourcing constraints are preventing stronger action, as Central Banking’s survey data reveals.
Monetary policy, regulatory and financial stability focus needed to stay relevant
The Princeton academic says public digital currencies face pitfalls but are still needed
Marcus Pleyer, president of the Financial Action Task Force, says digital tools, stronger co‑operation and risk-based methods can give supervisors an edge. But threats are still proliferating
Crypto assets are increasingly used as vehicles for money laundering, but regulating them is not necessarily straightforward
Uruguay governor speaks about financialisation, flexible rates vs controls, payment upgrades and CBDCs
Worthwhile take on institution’s evolution – shame that examination isn’t longer and broader
Politics at the apex of German central banking amid Buba/ECB discord
Joachim Wuermeling explains the impact of Covid-19 and other developments
The most pressing need is to ease a US dollar banknotes shortage
Belgium’s governor speaks about models, reversing unconventional policies and other challenges
Oliver Wyman’s Paul Fisher and Oliver Wünsch explain how central banks can successfully organise and manage their market operations departments with a public sector workforce, and when their objectives are not dictated by financial returns.
Central banks have used space-age polymers to make banknotes for decades. So why does paper remain predominant in banknote production?
A book worth reading, as it facilitates further discussion on substantial issues, but doesn’t fully address some of the problems it takes aim at
Former governor reflects on a turbulent 40 years at the Bank of Japan
An essential and stimulating read for central bankers thinking about the monetary history of their state in relation to its historical perspective and broad international trends
Central banks around the world are grappling with rapid price rises, with some taking very different routes to others
A useful introduction to China’s monetary history, focusing on the last 1,000 years, but not the easiest of reads throughout
Observers allege presidential domination of the central bank, unauthorised FX transactions and untrustworthy statistics
Mass of intellectual effort gives rare insights into ECB’s inner working
Andreas Dombret, global senior adviser, and Oliver Wünsch, partner, at Oliver Wyman, describe the importance of international standard-setting amid increasing political interference.
The Bank of Japan has pushed monetary easing close to its limit, yet inflation is barely above zero. What happens now?
With the rapid pace of technological change in global financial markets, central banks are increasingly recognising that many legacy tools, methods and manual processes are inadequate, writes Sachin Somani
The report flags challenges for central banks themselves – as guardians of the financial system, they have a duty to lead by example. But the lack of liquidity within ESG-compliant assets is proving a problem for many