Central Banking
Podcast: Andreas Dombret on central bank climate supervision
Former Bundesbank senior official says financial sector is still underestimating climate risks
RBNZ’s Bascand: ‘bias towards prudence is probably a good thing’
But next 10 years likely to see greater focus on efficient regulation, outgoing deputy governor says
Yemeni governor sacked as crisis worsens
Deputy governor also dismissed in fourth sacking since civil war began
FSB says gaps remain in resolution regimes
Ten years since resolution framework was published, bank bailouts are still taking place
Inflation to end year at 60%, Zimbabwe’s central bank says
Unofficial figures have annual inflation above 100%, but governor says monetary policy will keep prices in check
Bank of Israel increases banks’ ESG reporting requirements
Reform aims to bring higher transparency standards to Israeli financial system
Namibia president appoints governor to full term
Leoni Dunn will become first woman to serve as deputy governor
IMF proposes Gita Gopinath for first deputy MD post
Georgieva hails chief economist’s move amid difficult relations with US administration
PBoC cuts reserve requirements
But easing measure partially offset by withdrawal of other liquidity support
ECB to choose new euro banknote designs by 2024
Banknote designs will be chosen by governing council, but public input will be vital
BIS calls for systemic approach to non-banks
“It is essential to reduce the need for emergency central bank support,” says report
BEAC raises interest rates
Central African states’ shared central bank imposes first hike in three years
Brazil’s largest state considers suspending Pix payments
São Paulo legislature examining payments system shutdown as an anti-crime measure
Podcast: Waking up to net zero
BNP’s Jane Ambachtsheer says central banks should not be held solely responsible for achieving net zero, but they have a significant role to play
Eurozone officials call for major fiscal changes
Stability and Growth Pact is hampering policy, speakers at ECB conference argue
Mexican senate approves new governor
Victoria Rodriguez will become first female governor of the Bank of Mexico
Quarles says Congress should rein in Fed funding
Former vice-chair for supervision calls for new body to wind down liquidity programmes
Kareem Michael to be new Belize governor
Former deputy governor will be third central bank head this year after predecessor was fired
BoE opens sharia-compliant facility after six years of work
‘Wakalah’ liquidity facility designed to address disadvantage faced by Islamic banks
Eurozone unemployment declines to 7.3%
Youth unemployment rate also falls but is much higher at 15.9%
Suptech use expanded during pandemic, says BIS report
Survey of regulators finds authorities’ leadership support is vital for suptech development
RBNZ begins wide-ranging review of cash
New Zealand’s central bank warns of potential harm caused by “retreat from cash”
Monetary policy’s potency may wane over time – BIS paper
Low rates might cause aggregate demand to become less sensitive to monetary stimulus, authors say
People: Chilean Senate confirms board member
Plus senior appointments in New Zealand, Sri Lanka, Bangladesh and more