Veteran governor Mugur Isărescu has defended the central bank’s independence
Following Mark Carney’s “breaking the tragedy of the horizon” speech in 2015, it became apparent central banks and regulators needed to sit up and take responsibility for risks emerging as a result of climate change.
Climate change is becoming increasingly important to central banks thanks to its implications for financial stability. In a forum sponsored by Amundi, Central Banking convened a panel of experts to discuss the latest innovations, regulations and…
The Network for Greening the Financial System aims to bring about fundamental change. The central bankers who created it made a strong start but face serious challenges.
Increasing global concern about climate change is causing central banks to take notice of the issue and its potential implications. Frédéric Samama, head of institutional client coverage at Amundi, examines the findings of Central Banking’s survey on…
As climate-related risks to the financial sector become increasingly understood, central banks are demonstrating their willingness to develop capabilities to analyse the impact and modify their policies. A new survey indicates a watershed for central…
Ulrich Volz explores why strong leadership is required from central banks and supervisors to ensure the financial sector will be in a position to weather climate risks.
Events that impact markets have made it crucial to build resilient portfolios that are aware of downside risks. BlackRock‘s Isabelle Mateos y Lago, Michael Palframan and Crystal Wan explore the importance of protection in downturn scenarios for reserve…
Insight and perspectives from the world's leaders, premier policy-makers and financiers
Located at the start of the Maritime Silk Road, the Guangdong–Hong Kong–Macau Greater Bay Area seeks to harness advanced technology and green finance to catch up with the economically advanced bay areas of New York, San Francisco and Tokyo.
Over the past five years, China has invested more than $70 billion in Belt and Road Initiative (BRI) countries, of which there are now in excess of 100. Leading Chinese and international policy-makers explain how BRI efforts are progressing. This section…
Multilateral rules and multilateral bodies will need to be upgraded in the coming years to better represent the shift in economic gravity towards Asia, which has emerged as the largest contributor to global growth during the past decade.
Apollo tool uses data based on past misconduct cases to spot suspicious patterns
What is the role of central banks when it comes to climate change risks?
Central bank finds “extensive weaknesses” in conduct and governance at life insurers
Li Dongrong warns of fintech spillover risks, regulatory arbitrage and digital divide
Central bank will hold “full horse race” between nominal GDP targeting and other alternatives, Wilkins says
Central bank fines commercial lender over $1 million
RBNZ urges government to grant regulators sufficient powers to address conduct risk
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…
The bank’s official historian highlights archiving failures and damage they cause
Jamaican governor says fiscal, forex and rate reforms essential
Test subjects tended to take larger risks when their bonuses could not be taken away
Visa has promised independent inquiry into incident that saw 5.2 million payments fail