Governance
‘Chat Bankman-Fried’ has poor grasp of governance – study
Bank of Italy paper finds many LLMs would choose to behave in similar way to former crypto exchange owner
Hungary to change central bank law
Amended legislation would increase size of monetary council and ban creation of new foundations
FOMC vote rotation ‘distorts’ rates – NBER paper
Regional Fed presidents make decisions based on local conditions, research finds
Trump makes a U-turn on Powell
President “might” call Fed chair about lowering rates, but claims he never had any intention of firing him
Strategic plans tend to be built around six key pillars
Central banks split on whether planning is broad or narrow
Trump and Powell’s war of words escalates
Fed chair slams tariffs, while president says Powell’s departure “cannot come fast enough”
Governance Benchmarks 2025 – model banks analysis
Data breakdown highlights independence pressures, capital frameworks and staffing challenges
Bangladesh Bank officials should face action over theft – minister
Nazrul says previous regime shielded central bank officials from investigation into $101 million hacking
Governance Benchmarks 2025 – executive summary
Data shows strong independence with threats in some areas, and sheds light on staffing, mandates and more
Do central banks need more tools to regulate the financial system?
Policy-makers from Armenia, Thailand and New Zealand share perspectives on how to keep up with the ever-changing industry
Governance Benchmarks 2025 report – independence amid turbulence
Benchmarks highlight pressures on independence but most say protections are sufficient
Syria appoints new central bank governor
Abdul Qader al-Husriya takes over from interim governor Maysa Sabreen
RBNZ extends acting governor’s term
Christian Hawkesby to remain in place for six months while board looks for permanent governor
Andrew Bailey to be next FSB chair
Klaas Knot will step down from organisation in June as his term at DNB also comes to an end
Central banks report high levels of independence
Institutions across regions and income groups report significant autonomy from political interference
Over 40% of central banks lack formal recapitalisation agreement
Ten banks were recapitalised in the past year
Some central banks report pressure to change monetary policy
Central banks mention financial and political factors impacting independence
One in five central banks pays unrealised gains to government
Most central banks have a formal agreement in place for sharing profits with government
Obituary: Liu Hongru, 1930–2025
Former PBoC deputy governor left influential legacy in China’s modernisation of banking and finance
Olli Rehn appointed to second term at Bank of Finland
Governor joins European central bankers in warning of economic and geopolitical uncertainty
Do central bank governors make good prime ministers?
Mark Carney is the latest to make the leap, but the record elsewhere has been mixed