Data
IADI highlights move to strengthen deposit insurance
Survey of 113 schemes finds they are becoming more generous and faster to pay out
India’s approach to national biometric ID applicable to ‘all economies’
BIS paper examines how India created digital financial infrastructure as a public good
BoE should improve governance around research, review finds
Research has improved but some issues remain, Independent Evaluation Office says
Overhaul of RBA archive sees a third of records digitalised
Externally-facing archive will give public greater insight into central bank’s history – review
Podcast: Central Banking launches Tech Talk series
In the inaugural episode, Rachael King and Adam Csabay cast a critical eye over some of the biggest fintech developments of 2019
Cloud throws up new financial stability risks – FSB
Reliance on third-party cloud platforms creates risks, especially given market power of providers
Atlanta Fed develops new data app
App provides access to Fed bank’s most popular data points and tools
Data sharing could curb big tech dominance – FSB
Ensuring all financial market incumbents have access to same data could level the playing field
T&T governor calls for productivity reforms
Alvin Hilaire says improvement still required despite recent increase in productivity
Global house price growth slows, but China still surging
BIS figures show broad slowdown in growth, though prices are still rising fast in some places
The pursuit of ‘fintecgrity’
Digital currencies, distributed ledgers and deep learning are set to transform the financial economy. How can regulators maintain integrity at the confluence of finance and technology?
Indonesia’s central bank pledges major infrastructure changes
Five-year plan aims to upgrade payments infrastructure and boost inclusion rates
Facing up to the tech challenge
Central banks get a wake-up call from libra
HKMA calls for innovation in fight against money laundering
The authority flags new and emerging risks in the city’s AML/CFT regime, urging stakeholders to collaborate and innovate
BoE hits Citi with fine over reporting failures
Penalty marks first time PRA has sanctioned a systemic firm for regulatory reporting breaches
Colombia’s central bank forms new climate research group
New team will look to integrate climate scenarios into macro models as central bank seeks to join NGFS
Mester calls for cyber stress-testing in US
Adopting or adapting practices like the Bank of England’s would be worthwhile, she says
Canada’s Poloz on monetary policy limits, transparency and cyber recovery
Bank of Canada governor Stephen Poloz speaks about stagflation risks from trade wars, the importance of market signals, Canada’s CBDC plans and why he is not a fan of minutes
Regulators and firms confront problems of ‘open banking’
Basel Committee report says challenging trade-off exists between privacy, security and efficiency
Consumer data must be handled ‘properly’ – FCA official
Firms must ensure they are using data “ethically”, FCA’s Mills says, if open banking is going to be a success
‘Digital identities’ could protect customer data – Carstens
BIS chief praises “impressive gains” made by Singapore and India in regulating data
Policy-makers should update cyber regulations – Bank of Canada official
Greater collaboration and information-sharing is required to strengthen reliance, Filipe Dinis says
MAS develops fintech information-sharing platform
Singapore partners with Canadian and French regulators; Banque de France opens new office in Singapore
Central banks turn to Instagram to reach younger generations
The audiovisual social media network is helping some central banks offer financial education and other campaigns for millennials and Gen Zs