Governance
Governors weigh trade-offs between inflation and financial stability
Officials stress central bank independence is key to addressing these risks
Slovak governor due to appear in court in July
Central bank deputy governor is new prime minister leading technocratic government
Polish central bank accuses critics of following Russian propaganda
Glapiński attacks critics, including opposition parties, as Poland prepares for election
Kenyan president nominates ally as governor despite scandal
Former IMF official Thugge likely to succeed Njoroge, despite 2019 arrest over dam allegations
China’s National Financial Regulatory Administration officially opens
Veteran banker and former provincial governor Li Yunze will lead new regulator
People: ECB seeks new supervision chief
Andrea Enria nears term end at SSM; Bank of Canada appoints deputy; Israel names SWF head
French prosecutors issue arrest warrant for Lebanese governor
Salameh condemns move and calls for Lebanon to end co-operation with European investigations
Lebanese governor fails to attend French court hearing
Salameh’s lawyer calls summons “null and void” as politicians hold talks over possible successor
Lula’s risky challenge to the Brazilian central bank
President can nominate board members and increase inflation target as he pushes for lower rates
Fed’s Bowman defends regulatory ‘tailoring’
Governor calls for independent review of SVB collapse, dismissing Barr report
Florida adopts anti-CBDC law
Governor has denounced US digital currency, though there are no concrete plans for one
Ravi Menon reappointed as MAS chief for two more years
Menon was previously rumoured to be leaving his long-held post
Biden nominates Jefferson as Fed vice-chair
President chooses first Latinx candidate for Fed board, and names Cook for full term
ECB to review staff wages after union protest
Central bank will formally review pay after works council rejects below-inflation rise
IMF’s Adrian on the systemic threat posed by a ‘weak tail’ of financial institutions
The IMF’s financial counsellor speaks to Christopher Jeffery about bank runs and emergency interventions, market and oversight failings, and the need for action on run rate assumptions, interest rate risk, deposit insurance, crypto regulation and a ‘weak…
Central banks have ‘long way to go’ on gender equality – IMF paper
“Multidimensional survey” finds eight major central banks are unequal on many metrics
China appoints Li Yunze to head new financial regulator
Li is set to supervise most of China’s financial industry
Kenya commission publishes shortlist to succeed Njoroge
Six candidates on list to succeed governor, whose final term ends in June
Brazilian MPC holds key rate again
Central bank warns of “lingering uncertainty” over future fiscal policy
Fed inspector says FOMC should look at extending trading rules
Internal watchdog also finds shortcomings in enforcement and review
BoG’s Addison: Ghana agrees to end monetary financing
Governor says MoU with finance ministry “has been finalised”, and the IMF deal will come by the end of May
Central bank negative equity: a risk governance perspective
Janet Cosier explains how risk planning, recapitalisation and transparency are key as central banks incur financial losses
ECB says Hungary has infringed central bank autonomy
Frankfurt says restrictions on bond buying interfere with monetary policy
New BoJ governor announces monetary policy review
Bank of Japan keeps ultra-loose policy unchanged at Ueda’s first policy meeting