Governance
Suriname's president replaces fired governor
New governor vows to not bow to political pressure and finance public spending
The IFF China Report 2019: The Belt and Road Initiative
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…
Bank of Israel slams critical report into supervision
So-called Tycoon Committee “ignores material facts” and reaches “mistaken conclusions”, says central bank
‘They could do nothing’: insights into political interference at the Fed
Interviews with former Fed chiefs reveal what it is like to be chair when politicians want their way
Austrian central bank gives strong warning on draft regulation law
Changes would harm balance and efficiency and increase influence of special interests – OeNB
ECB starts publishing senior officials’ declarations of interest
Mario Draghi is one of the senior officials to hold over €100,000 in a bank directly supervised by ECB
Draghi expresses concern over Fed independence
ECB governor says he is “especially” worried by events in US
Maduro regime arrests two central bank workers
Officials detained after meeting with Venezuelan presidential challenger Juan Guaidó
Brexit muddies water in search for Carney replacement
UK chancellor says candidates are put off by the thought of having to debate politics
Brazilian president unveils draft law to increase central bank independence
Draft law would give governor fixed term but nine similar measures have failed since 1991
Cain may not be able to pass US Senate hearings
Herman Cain likely to be rejected, but Stephen Moore’s chances still unclear
The IFF China Report 2019: Redesigning the international trading and monetary system
Reform of the financial system that brought about the 2007–08 financial crisis has not gone far enough and advanced and emerging market economies must find a more co-operative way forward to ensure globalisation can continue.
Internationalising renminbi – Hong Kong leads the way
Hong Kong’s advantages in technology, talent and infrastructure make it best placed to form the primary transaction and risk management network for the overseas offshore renminbi market, argues Zhou Chengjun, IFF Academic Committee member and deputy…
An international system for all
Reform of the system that brought about the financial crisis in 2007–08 has not gone far enough, writes Zhu Xian, IFF vice-chairman and vice-president of the New Development Bank. Developing countries are demanding greater influence in global economic…
ECB nominates Yves Mersch to supervisory board
Lautenschläger gains new responsibilities on governing council
The IFF China Report 2019: New globalisation – The path to the future
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.
Trump plans to nominate second loyalist to Fed board
Herman Cain has strongly supported a return to gold standard in the past
IMF urges Morocco to pass new central bank law
The fund stresses importance of strengthening independence and role in financial stability
NBU’s Smolii speaks out about political interference
Ukrainian governor says politically powerful people still blocking economic reform
Tunisia and France sign co-operation agreement
Central banks to share experiences in monetary policy, supervision, digital finance and inclusion
Bank of Italy confirms Panetta as senior deputy after clashes with government
Two new deputy governors also appointed after dispute with coalition government
ECB says Slovene draft law would harm central bank
Proposal is latest round in long-running political battle over bail-in of shareholders and creditors
Central banks must become more diverse – Carney
Improving diversity increases strength and reduces groupthink, BoE governor argues
Families of Liberian central bankers seek funds for legal defence
Some local media outlets allege deaths of central bank staff are linked to scandal