Central Banking awards
Central Banking Awards 2022: first winners unveiled
Governor of the year, Risk manager, two Green initiative awards and more announced today
Risk manager: Bank of Portugal
The eurozone central bank has completed a multi-year project to develop its risk appetite framework.
Green initiative – regulatory: Banque de France and ACPR
The French central bank and prudential regulator created an innovative stress-test methodology
Green initiative – operational: Eastern Caribbean Central Bank
The ECCB installed its own solar farm in effort to become carbon-neutral
Governor of the year: Mario Marcel
Chile’s governor has expertly navigated a third currency crisis in two years, amid wider EM stress and political volatility, while bolstering the central bank’s capabilities
ESG portfolio services: Moody’s
The US company is offering new ways for central banks to assess and transition their ESG exposures
Asset manager: BNP Paribas Asset Management
The financial institution has helped clients to diversify their portfolios, boost returns and adopt ESG strategies during the second year of Covid-19
Central Banking Awards 2021: winners in full
Winners in 2021 include the Federal Reserve, Alejandro Díaz de León and Charles Goodhart
Specialised lending initiative: Clearstream
Clearstream supports eurozone central bank asset purchase programmes by returning liquidity to the market through securities lending while helping Asian and American central banks secure access to this market
Central bank of the year: The Federal Reserve System
Overwhelming Fed interventions in March 2020 forestalled a damaging global financial crisis, as policy overhaul prompts introspection in Europe and Japan
Risk manager: National Bank of Georgia
Liquidity stress tests provided confidence to ease daily thresholds, and offer exchange rate, internal market and financial system support, without forcing the liquidation of illiquid reserves
Treasury systems initiative: Refinitiv
The firm’s data-driven approach is helping central banks stay ahead of fast-moving markets
Initiative of the year: Saudi Central Bank’s business continuity programme
Advanced planning has allowed Sama employees and systems to continue operating critical functions despite the Covid-19 lockdowns
Risk management technology: Ion Treasury
The US firm has championed Libor transition services, and supported reserve managers manage positions during the coronavirus shock
Economics in central banking: ‘Patterns in invoicing currency in global trade’, Emine Boz, Camila Casas, Georgios Georgiadis, Gita Gopinath, Helena Le Mezo, Arnaud Mehl and Tra Nguyen
An extensive data-gathering exercise allowed the authors to shed new light on critical aspects of policy-making in a globalised world, while clearing a path for other researchers to follow
Central Banking Awards 2021: third round of winners revealed
Awards go to central banks and market practitioners for payments, market infrastructure and currency
Currency services: Crane Currency
The firm supported the needs of clients throughout the pandemic, while continuing to innovate with the launch of micro-optic security features
Financial market infrastructure services: Bloomberg
Bloomberg’s responsive deployment of new liquidity capabilities helped emerging-market central banks cope with pandemic market disruption
Payments and market infrastructure development – wholesale: Reserve Bank of New Zealand
New Zealand’s central bank has embraced major payments infrastructure changes to reduce risk and future-proof the country’s payments landscape
Payment services: ACI Worldwide
ACI has emerged as an important provider of real-time digital payments software, helping banks and small companies connect to core central bank infrastructure
Currency initiative: The ECB and US Federal Reserve’s CDI2 standards
The issuers of the world’s two most international currencies have created an important new technical standard to support more efficient cash management
Currency services initiative: CCL Secure
The banknote substrate provider is making a concerted effort to reduce its environmental impact by optimising production processes and building a recycling plant in Mexico
Currency manager: National Bank of Ukraine
Ukraine’s decisive actions to cut currency denominations while upgrading banknotes and coins are starting to pay off
Payments and market infrastructure development – retail: Central Bank of Hungary
The Hungarian central bank’s strict implementation requirements and unique operational setup has supported the acceleration towards electronic payments during the pandemic