Governance
Ukrainian court bars central bank deputy governor from carrying out duties
Central bank says court ruling breaks law, as legal battle over nationalised lender continues
El Salvador appoints new central bank chief
Seasoned civil servant Carlos Federico Paredes appointed by new political outsider president
Afghan governor resigns, citing health reasons
Central bank faces major challenges in war-torn country, but IMF recently praised progress
Latvian state changes top regulators over AML
Law had to be passed to meet international concern over money-laundering, prime minister says
Next Bank of Jamaica governor chosen
Businessman and financier Richard Byles to take over on August 19
BoE unveils strategic priorities for 2019
Priorities include Brexit, operational resilience, fintech and the renewal of the core payments system
Call to arms on climate change
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.
Romania’s Mugur Isarescu on independence in a ‘post-truth’ world
Veteran governor speaks about country’s shift to market economy, the euro, mandate-drift and independence
ECB queries changes to Austrian central bank law
But collapse of government puts future of draft law and identity of next governor in doubt
Green solutions – Supporting our clients along their green investment value chain
From extreme weather to transition risks, the systemic challenge of climate change lies in the interconnectedness of risk. Amundi is helping to shape solutions by integrating climate risks across its asset classes and pushing public debate forward.
Climate change – Where can central banks contribute?
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…
New Zealand opens formal inquiry into next Irish governor
Irish finance ministry makes no comment as former deputy says Donnery should have been appointed
ECB again criticises Slovene attempt to change central bank law
Politicians’ attempt to compensate bailed-in shareholders would break EU law – ECB
Next Irish governor faces calls to resign in NZ scandal
Makhlouf said opposition politicians were using hacked data but information was freely available
The calm before the storm – The climate change 2019 survey
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…
Liberian president fires central bank leadership and board
Weah alleges major “irregularities” by central bank as former governor’s trial continues
BoE’s Broadbent receives renewed term
Deputy to serve further five years; new appointments made to central bank’s oversight body
Two top officials leave the New York Fed
Simon Potter and Richard Dzina step down after combined 49 years at the bank
People: Brazil likely to replace deputy with San Francisco Fed economist
Fernanda Nechio nominated for Brazilian central bank board; two appointments in Lithuania; and more
RBI toughens liquidity rules for non-banks in wake of 2018 stress
Default by IL&FS triggered liquidity problems across financial markets
Indian central bank to set up new supervisory body
Move follows tension between RBI and government over banking supervision
Book notes: The third pillar, by Raghuram Rajan
Rajan sets out ambitious – but deliberately non-radical – manifesto for reform at local level
Zhou on four key decisions that forged the modern-day PBoC
Zhou Xiaochuan shares his insights on central bank leadership in China’s economic reform
Judy Shelton could be Trump’s next Fed pick
Shelton, like Trump’s two previous picks, is a gold standard advocate