Central Banking
Supervision must be forward-looking, says ECB’s Donnery
Resilience prepares banking system for complex risk landscape, top supervisor tells London Meetings
Ueda’s hospitalisation may create challenges for BoJ comms
Observers say bank is still likely to hike, but signs of future policy path will be harder to read
BCB financial autonomy bill advances through Senate committee
Legislation first proposed in 2023 would give Brazil’s central bank full control over its budget
Monetary policy is about robustness, not precision – panel
Uncertainty is no longer an exception but the norm, panellists tell Central Banking London Meetings
Time saved by AI does not increase output – BoK study
Paper says technology has reached efficiency stage but not productivity stage
Credit Suisse’s AT1 loss hurt regulatory credibility – paper
Declining bail-in spreads show markets doubt regulators will enforce resolution, BIS study argues
Amid debanking drama, banks try to say ‘no’, safely
A basic risk management tool – the ability to turn a customer away – has become a political football
Agility is small markets’ strength, says Latvian deputy governor
Nimble central banks should be ‘laboratories’ for innovation, Purgaile tells Central Banking London Meetings
Oil price shock to weigh on growth in Guatemala – IMF
Institution adds that central bank’s current monetary policy stance is ‘appropriate’
South Africa signals cautious stance on stablecoins
Deputy governor asks if they are efficient payment method or a means of circumventing regulations
Policy cannot handle effects of climate change – Slovak official
Authorities will be unable to fulfil mandates if they ignore impact, bank’s head of climate change warns
BI offers more support for rupiah with off-cycle rate hike
Bank plans measures to attract foreign investors to its debt as currency performs worse than expected
RBA flags risks posed by ‘acute’ geopolitical shocks
Australian central bank outlines short-term threats such as conflicts, sanctions and blockades
‘Dark corners’ authors on setting policy under intense uncertainty
Douglas Laxton and Shalva Mkhatrishvili say policy-making should work to avoid the worst outcomes
Nigeria to reposition its struggling CBDC
Central bank says it will focus instrument on government-to-person and cross-border payments
Nicaragua holds rates for fifth consecutive occasion
Central bank expects ‘low and stable’ inflation despite uncertain geopolitical environment
Norges Bank says third of crypto owners had ‘negative’ experience
Biannual survey shows most Norwegians have never heard of DeFi or stablecoins
Iran war poses ‘material but manageable risk’ to stability – BSP
Regulators say Philippines’ banks resilient to systemic financial stress while highlighting cyber threats
Fed to move tailored-capital goalposts soon, says Bowman
Banks hope agencies will index triggers for harsher capital rules to economic growth
Novel AI could help with banknote quality control – paper
Tool could help prevent defective currency from entering circulation, Bank of Italy researchers find
Court ruling sows confusion over crypto’s status in South Africa
Judge’s decision that bitcoin ‘is money’ directly contradicts verdict in ruling last year
Mongolian governor wants more finance sector foreign ownership
Sanjaa also discussed planned mandate change, response to climate change and emerging risks
Conglomerates face higher risks than banks – ECB’s Tuominen
Shocks could have outsize impacts on institutions offering both banking and insurance, supervisor says
Crisis? Which crisis? How ECB stress test failed to see Strait
Banks were told to design geopolitical shock scenarios, but some focused mainly on tariffs