Central Banking
US must review payments system oversight, Brainard says
Big tech’s currency plans could mean payments oversight is further weakened – senior Fed official
Basel III changed securities dealing – Bank of Canada paper
Regulations have changed dealers’ behaviour and reduced risk, study finds
ECB officials lay out positions on future inflation target
Weidmann and de Cos set priorities as strategy review focuses on inflation measurement and target
BIS economist explores uneven adoption of fintech
Several factors can explain why some countries have been quicker to adopt fintech than others
Eurozone banks increase illiquid assets after solvency shocks – DNB paper
Shift in asset holdings could create asset price distortions after banking crises, researchers say
Fed’s repo tapering plans hit snag
Banks demand double what was on offer at Fed’s first reduced repo offering
Iceland resumes easing cycle on weaker growth forecasts
Central bank cuts key interest rate by 25 basis points to 2.75%
Thailand cuts rates as coronavirus threatens growth prospects
Central bank lowers interest rates 25bp on concerns outbreak will hamper prices and tourist revenues; Asia-Pacific countries face strongest impact from the virus
Central Banking Awards 2020: third group launched
Awards unveiled for currency manager, initiative, economics, currency services, advisory and data
IMF praises Rwandan central bank’s progress on inflation targeting
Funding investment will be challenging but inflation should peak early this year, IMF staff say
FSB boosts role of regional groups in decision-making
Review finds groups valued and should have greater say in FSB affairs
Sharon Donnery stresses international co-operation role in financial stability
Irish deputy governor explains macro-prudential measures implemented since global financial crisis
US regulators propose third Volcker rule revision
Banks could soon regain permission to invest in speculative funds, but one official dissents
Rising US rates can be ‘good news’ for EMEs – Fed paper
Researchers examine difference in spillovers from growth- and inflation-driven rate increases
Central Bank of Suriname governor resigns amid scandals
Robert van Trikt leaves bank as allegations are raised over his conduct
UK government struggled to attract female applicants for BoE governorship
Letter reveals only two of 23 applicants for Carney’s job were women, despite recruitment firm priding itself on ability to deliver a diverse candidate pool
Central Banking Awards 2020: second group of winners unveiled
Prizes awarded for governor, reserve management, green initiative, asset manager and custody
ESRB models long-lasting EU recession for stress tests
Tougher adverse scenario adopted because EU is “at an advanced stage of the financial cycle”
PBoC injects 1.2 trillion yuan as markets plunge
Chinese central bank eases to support economy as coronavirus spreads; Q1 GDP growth could drop to 4%, economists say
Watch out for Brexit cliff edge 2.0, experts warn
Measures to mitigate a sharp rupture for financial services could be less likely at end-2020
UAE, Bahrain and Nambia team up to tackle money laundering
Common framework will help nations share and analyse AML/CFT data
De Guindos stresses uncertainty from coronavirus outbreak
Powell and Carney said Fed and BoE are closely monitoring the virus’s impact on the economy
US leveraged lending rose further from 2018–19
Regulators urge banks to adopt risk-management measures to reflect changing market conditions
Central Banking Awards 2020: first winners announced
Prizes include central bank of the year, risk manager, payments and FMI, and treasury systems