Central Banking
FDIC could reduce resolution costs by 17% – Bank of Canada paper
Eliminating uncertainty over auction process could reduce multiple bidding, researchers say
Sri Lanka asks Singapore to extradite ex-governor
Authorities seek to try Arjuna Mahendran on charges of financial crime
Fed economists propose alternative to floor system
Pre-crisis BoE framework may preclude need for further ‘technical adjustments’, researchers say
Argentine governor demands political consensus on macroeconomic framework
Sandleris says every election unleashes market volatility and disrupts stabilisation efforts
Hong Kong introduces resolution facility after FSB peer review
Updated funding framework could aid embattled banks in case of liquidity crunch
Tanzanian central bank fines lenders over in-country data centres
Move comes as doubts grow over quality of banking sector and official statistics
New Austrian governor says ECB should tighten policy
Robert Holzmann is distinguished pensions specialist and supporter of hard-right political party
Asset bubbles play role in macro-prudential policy – IMF research
Their size may determine optimal tax levels to address credit imbalances
Argentina reimposes currency controls as peso plummets
Authorities aim to stem depreciation of peso, which has fallen 23.9% against dollar since August 11
Brexit may have cost the UK 5% of productivity – BoE paper
Study draws on newly developed survey of decision-makers at UK firms
Inflation edges higher as Fed prepares for next meeting
Consumer spending boosts economy, but recent sentiment data suggests it could be about change
Former finance minister set to lead Maldives Monetary Authority
Previous governor resigned in July amid allegations of attempting to obstruct an investigation
Lagarde calls for eurozone-wide fiscal capacity
Eurozone nations should have counter-cyclical fiscal instrument and common treasury – Lagarde
A key message from Jackson Hole: policy must globalise
Setting policy in isolation is becoming untenable and spillovers must be considered more, remarks suggest
San Fran Fed president ‘biased’ towards a hot economy
Gains from a hot economy disproportionately flow to disadvantaged groups, Daly says
Bank of Mexico’s board disagreed on last rate cut – minutes
One board member opposed recent 25bp rate cut due to high inflation and uncertain fiscal outlook
RBA sheds light on new ‘Martin’ macro model
Large-scale “macroeconometric” model designed to balance flexibility and theoretical rigour
Greek authorities drop corruption probe into governor
Stournaras says “character assassination” was a plot against him
RBI overhauling approach to risk management – annual report
Initiatives include improvements to enterprise risk management, risk tolerance and modelling
Eurozone inflation to remain at 1% in August – official data
Below-target inflation may support loosening announcement by ECB on September 12
ECB and EU auditors sign deal on supervisory data access
Auditors will view sensitive documents in controlled environment, ECB says
Fears about eurozone countries weigh on credit creation – research
Perceptions of weakness at individual banks are less important – Bank of Portugal paper
Europe’s regulators grope for value of software
EBA looks for right approach to classifying financial firms' software investments
Argentina opens IMF talks as crisis deepens
Government extends debt maturity and pledges reserves will not be used to repay international investors