Artificial intelligence
Central bank of the year: Monetary Authority of Singapore
Fintech pioneer has strong monetary policy, financial stability and supervisory record
Trade tensions may reflect international system design flaws
System is "not working" and faces "grave challenges", say top former policy-makers
Interview: Clair Mills on the meaning of fintech
BoE head of change and data management on defining fintech
Video Q&A: Maciej Piechocki, BearingPoint
Central Banking met with BearingPoint’s Maciej Piechocki at the Central Banking FinTech RegTech Global Summit in Singapore to discuss financial and regulatory technology – known as fintech and regtech respectively – solutions, how technology can help in…
PRA using AI to understand connectivity of rulebook
UK regulator is using Google search engine algorithm to see if rulebook can be streamlined
Brainard: Fed keeping open mind on AI regulation
Some rules already apply to AI tools, but Fed “still learning” about AI’s impact
BIS committee finds inadequacies in derivatives data
Challenges remain, despite significant progress, Irving Fisher Committee reports
Canada’s Sabean on tackling a data governance overhaul
The Bank of Canada has been making “significant investments” in data, says senior director
Bank of Canada launches tech collaboration initiative
“We want to partner with anyone who has something to contribute,” COO says
Insights from network analytics in suptech
With regulators leveraging technological innovations to move towards informed, data‑driven decision‑making and automation, supervisory technology is attracting enhanced interest. Kimmo Soramäki and Phillip Straley examine how regulators are gaining…
Book notes: Digital human, by Chris Skinner
Skinner provides valuable insight into challenges banks face as technology continues to permeate further into financial industry
James Bullard on 2% rates, tariffs and Fed leadership
St Louis Fed chief on fintech disruption, Fed balance sheet and agent-based modelling
The data commons: Taking big data global
The International Monetary Fund’s first-ever overarching strategy on data aims to spread big data expertise among fund members. Louis Marc Ducharme discusses the upcoming challenges.
FCA chair warns of big data-driven ‘algocracy’
Technology could lead to a society ruled by algorithms, if safeguards are not put in place, says Charles Randell
Alternatives to Japan’s 2% flexible inflation target
BoJ may review its framework due to ongoing failure to hit 2%
Central bankers share vision for ‘business as usual’ big data
Panellists offer advice on how to build the infrastructure for good data governance
Banks must understand artificial intelligence – ECB official
Artificial intelligence must not become another “financial craze”, Hakkarainen warns
Fed’s Evans: central bankers not about to be replaced by machines
Chicago Fed president says uncertainty leaves plenty of room for human judgement
Regulatory efficiency or rollback?
Team USA’s new clarion call for regulatory “efficiency” comes with a worrying undertow
Risk-based supervision focus report 2018
This first Central Banking journal focus report on risk-based supervision analyses how central banks, financial regulators and financial institutions can streamline efforts to meet onerous new regulatory and supervisory data requirements.
The regulatory downpour
The Risk-based supervision focus report aims to offer assistance to financial regulators and supervisors in understanding the challenges that come hand in hand with evolution in the regulatory and supervisory environment. It explores how technology can…
Artificial intelligence: The future of regulation?
The raft of new rules imposed on regulated financial institutions in the aftermath of the global financial crisis has a huge compliance cost. Could artificial intelligence offer efficiency gains?
Atlanta’s Bostic concerned by ‘proliferation of models’
Regional Fed chief says more needs to be done to understand machine learning
Fed’s Quarles backs light-touch regulation on machine learning
SEC’s “circuit-breaker” can act as model for regulating innovative tools – Fed vice-chair