Governance
Brookings paper examines impact of governance structures on use of CCyBs
Countries with strong governance mechanisms are more likely to use the macro-prudential tool, researchers find
Political dispute over Ukrainian central bank intensifies
Prime minister offers to resign after “doctored” recordings of meeting with central bank are leaked
People: Trump nominates Shelton and Waller to Fed posts
Judy Shelton and Christopher Waller nominated as Fed governors; further appointments in Nigeria and at the BIS
Bank of Spain unveils first strategic plan
Hernández de Cos’s priorities include better macro-prudential policies and increased trust
Turkish central bank makes fourth rate cut in six months
Central bank has reduced rates by 850 basis points since president dismissed last governor
BIS statistics committee to focus on fintech and big data in 2020
Irving Fisher Committee plans to complete its fintech work and update a 2015 survey
People: Modi’s government appoints new RBI deputy governor
Michael Patra takes position left by Viral Acharya in June 2019; EBA names new executive director
BoE will get back €58 million from ECB after Brexit
Decision yet to be made on who will make up the capital shortfall
CAR renews IMF support amid ‘volatile’ security situation
New three-year deal designed to shore up peace agreement
BIS adds members and boosts EME voices on committees
Emerging markets now better represented on key governance bodies
Slovenian central bank demands courts rule on bail-in law
Bank of Slovenia says law would break EU Treaty as bitter dispute over bail-ins escalates
People: Israeli governor nominates Andrew Abir as deputy governor
Former Sarb deputy governor appointed chief executive of Absa financial group; and more
Andorra seeks to join International Monetary Fund
Tiny principality would bring IMF members to a total of 190
Fed’s Brainard criticises other US regulators over lending proposals
Fed governor warns proposed reforms from FDIC and OCC could harm poorer areas
Fed governors are losing influence, financial historian argues
Peter Conti-Brown examines the eroding influence of the democratically accountable members of the FOMC
New CBSL governor targets transmission mechanism
Priorities for 2020 include tackling bottlenecks, boosting transparency and improving analytics
Central bank research may be too focused on narrow topics – paper
Network analysis finds many central banks are limited in the scope of their research
West Africa launches new currency in break with France
France will now have less involvement in the affairs of the West African Economic and Monetary Union
Central Bank of Iceland completes merger with regulator
Governor Ásgeir Jónsson to retain overall responsibility; two new deputy positions created
Yngve Slyngstad: contrarian person, brilliant investor
Knut Kjær reflects on the character of the man that has led Norway’s $1.1 trillion SWF
2019: The year in review
The past year saw a persistent weakening of the global economy, and some radical financial innovations
Schnabel and Panetta appointed ECB executive board members
Final distribution of responsibilities in January will determine new members’ portfolios
Claudio Borio says central bank independence is tied to globalisation
Both are underpinned by the same “economic and political zeitgeist”, the BIS economist says
New Zealand launches next phase of RBNZ governance overhaul
RBNZ gains new governance board and formal financial stability remit