Central Banking
BIS paper says investors can cut carbon footprint ‘with relative ease’
Passive investors can achieve substantial carbon reduction with simple approach, authors say
IMF makes vaccinations a key focus for 2022
Work programme says fund will try to push forward efforts to “vaccinate the world”
Czech policy rate continues ascent
Divided central bank board orders 100bp hike, the fifth consecutive increase
Afghanistan’s frozen assets trigger controversy as harsh winter looms
Cash that is “desperately needed” by ordinary Afghans remains frozen in overseas central bank accounts
GFXC names SNB’s Maechler as new chair
Swiss central banker succeeds Guy Debelle
Turkey’s Dornbusch moment
Turkey’s new deposit scheme sets the stage for hyperinflation, writes Barry Eichengreen
Former Suriname governor sentenced to 12 years
Gillmore Hoefdraad fled country to avoid trial in case involving another former governor
BoE paper warns of ‘non-standard errors’
Researchers may introduce additional errors to data samples through their analysis
Bank Indonesia launches fast payments system
Central bank is conducting an overhaul of all its main payments systems
US prime fund swing pricing proposal sparks industry alarm
Some fear SEC rule would repel investors; high liquidity requirements could make funds uneconomic
Paraguay orders third 125bp hike
Central bank cites inflationary pressures and says monetary policy is still “accommodative”
Turkish lira rises as central bank launches ‘incentive’ scheme
Selling pressure eases as new facility unveiled, but outlook remains uncertain
How to solve the payments privacy paradox
Anonymous CBDC has major drawbacks, but privacy in payments can still work, says Dave Birch
Bank of Jamaica hikes policy rate
Central bank raises rate by 50 basis points in bid to reverse inflationary trend
Maltese regulator calls for ‘effort’ to leave AML grey list
Joe Gavin was brought in to lead MFSA after predecessor resigned over corruption allegations
UK court recognises Venezuelan opposition central bank board
Rival Venezuelan leaders have struggled over central bank and overseas gold reserves
Fed’s Waller says federal funds rate should rise soon after QE ends
Fed governor hints at tighter policy and offers lessons from the pandemic
US FSOC zeroes in on climate change
Annual report warns “disorderly” policy changes raise the risk of “sudden and disruptive” effects
RBNZ seeks to quell ‘urban myth’ over counterfeit cash
Central bank says people risk falling foul of the law as practice of “scraping” banknotes spreads
New Zealand MPs grill Orr on policy and personnel
Opposition leaders criticise RBNZ governor for high inflation and staff turnover
German government names Nagel as new Bundesbank governor
Social Democratic party member is longstanding central banker and voiced scepticism over QE
FSB finds banks grew faster than non-banks in 2020
Pandemic response contributed to stronger growth in bank and central bank assets, report says
Russia orders seventh straight rate hike
Central bank continues protracted battle against high inflation
RBI launches action plan to tackle weak non-banks
“Prompt corrective action” framework echoes rules in place for banks