Central Banking
Swiss government sets parameters for climate reporting
Guidelines intended to bind large Swiss companies from the 2023 financial year
Central Bank of Iceland raises rates again
Above-target inflation and higher GDP growth justify second rate hike since May, MPC says
People: Kuwait’s sovereign wealth fund gets new managing director
Korean president nominates head of financial supervisor and EBRD gets new corporate strategy chief
Taiwan and Paraguay central banks sign co-operation agreement
Paraguay is only South American state to recognise Taiwan government instead of Beijing
Hungarian central bank raises rates for third month running
MPC cautions inflationary pressures remain and forecasts return to target in mid-2022
Paraguay raises rates as start of ‘gradual normalisation’
Country is latest in Latin America to tighten policy, alongside Brazil, Uruguay and Peru
German inflation could be over 2% until mid-2022 – Bundesbank
Inflation is likely to drop from early 2022 as base effects end, central bank forecasts
Brazilian minister says Mercosur could have single currency
President has also suggested monetary union with members of trade area
Haldane warns against blind trust in AIs
AI systems should not be used for autonomous supervision, says former BoE chief economist
BIS and HKMA start work on green bond infrastructure project
Digital platform based on blockchain aims to improve green bond market’s transparency
Thai regulators aim to create ‘green’ taxonomy
Central bank and other regulators pledge to encourage sustainable investment
Taliban name acting head of Afghan central bank
Mohammad Idris played leading role in financing Taliban war effort, senior official says
Jackson Hole conference switches to online-only model
Kansas City Fed cancels Wyoming get-together, citing Delta variant
Bank of Israel delays rate hike as Covid-19 cases rise
MPC says it will continue with accommodative policy despite GDP growth and on-target inflation
Bank of Thailand to test retail CBDC
Thai central bank will invite firms to participate in testing prototype in 2022
Fed may taper asset purchases this year, say FOMC minutes
Federal Reserve staff warn US financial system has “notable” vulnerabilities
Norges Bank signals September rate hike
Norweigan central bank stresses long period of low rates increases financial stability risks
New forward guidance is “elemental” for ECB strategy, Lane says
Chief economist implicitly disagrees with Belgian governor’s criticism of new wording
US and IMF block Taliban access to Afghanistan assets
IMF will not allow Taliban to receive SDRs, while US freezes central bank reserves
Belizean governor fired by prime minister after ‘integrity’ row – reports
Former governor says he was forced out after conflict over “special interests”
Philippines central bank calls for urgent reform of secrecy law
Financial industry says current law attracts money launderers as governor demands change
Canada records highest inflation since 2011
House prices help drive figures up, as inflation becomes campaign issue in election season
RBI launches financial inclusion index
Metric based on 97 indicators designed to assess access, usage and quality of financial services
