Central Banking
People: Kosovo appoints new deputy governor
Bank of Spain has a new director-general for economics; Atlanta Fed appoints senior vice-president
Bahamas central bank traces website breach to third party
Central bank says no personal data was taken but some administrator credentials were included in stolen data
Liberia’s central bank chief resigns amid reports of ‘government pressure’
Local media reports Weeks resisted government pressure to agree to loan financing
Danish governor reflects on central bank’s legacy at 200th anniversary
Fixed exchange rate adopted in 1982 was a turning point, Rohde says
Demographics shaping Australian housing market – RBA’s Heath
Different housing markets are shaped by patterns of population growth, senior economist says
KYC regulation impinging on financial inclusion – Sarb
Fintech firms could help under-served customers through a “digital identity”, which will allow banks to identify customers without them having to visit branches in person
Praet gives upbeat assessment of eurozone outlook
Strength of the eurozone economy gives “grounds to be confident” on inflation, chief economist says
BoE to defend post-crisis regime through ‘running repairs’
Capital regime will need to evolve to stay on top of risks, says Victoria Saporta; BoE set to unveil details of operational resilience requirements
ECB’s QE has dampened volatility in Eastern Europe – BoI paper
End to ECB asset purchases might increase volatility in EU-6, researchers say
European banking union insufficient to withstand next crisis – Portuguese governor
Common supervisory and resolution tools are in place, but Europe lacks a deposit insurance scheme
Bank of Lithuania lures fintech firms with e-licensing tool
Portal promises to streamline approval process as country seeks to become fintech hub
Miles warns too much weight placed on untried regulations
TLAC and the resolution regime may not be enough to substitute for higher capital, former Bank of England official says
ECB warns EU may be making wrong assumptions on ageing
Eurostat projections more favourable than those of other agencies – ECB bulletin
NY Fed paper: ‘replacement hiring’ affects productivity wage gap
Replacement hiring can explain much of the gap between wages and productivity, authors say
Russia changes security operation, makes senior appointments
Bank of Russia deputy governor appointed and monetary policy head retires
PBoC seeks to reassure bond investors amid default concerns
Pan Gongsheng says the central bank has not seen any “special abnormalities”
Riksbank leaves rates unchanged at -0.5%
Growing dissent as two of six board members advocate tighter policy
FSB outlines ‘cyber lexicon’
Group hopes common language will aid cross-border efforts to tackle cyber threats
No failure of governance in English-speaking Caribbean, says Wynter
Jamaica’s governor says dismissal of Barbados and T&T peers reflects government agendas; “has been a scandal” in Curaçao and Sint Maarten
Bank of Finland paper calls digital currency a ‘fallacy’
Crypto assets highlight how poorly understood money is today – BoF official
UAE plugs in to IMF’s enhanced data standards
IMF’s chief statistician hails the move as an “important step forward”
Russian central bank starts using biometric database of bank customers
Citizens can submit face and voice data to banks to be authorised for remote transactions
RBNZ plans update to monetary policy and prudential regulation
Changes are among several priorities outlined in 2018–21 statement of intent
Abandoning forward guidance has helped market communication – Poloz
Governor underscores the importance of language and says forward guidance can sometimes confuse markets