Governance
Belize to create AML/CFT exception to central bank confidentiality
Proposed law would also require rules against conflicts of interest
Chile governor warns committee against adding mandates
Debate over central bank role continues in Chile’s second attempt at new constitution
Monetary policy can matter in poor countries – IMF paper
Study suggests changes to money supply may have impact through exchange rate
Italian PM considering sovereign wealth fund
SWF would support domestic industry and rely on “enormous savings”
People: BIS appoints deputy head of MED
Riksbank to shrink board; De La Rue chair resigns; Hungary appoints MPC members
Suriname president signs central bank independence law
IMF currently withholding loan payments to corruption-plagued country
RBA review calls for major policy and governance changes
Australian government welcomes call for new rate-setting body and clearer mandate
Governance Benchmarks 2023 – executive summary
Data shows EMEs and advanced economies differing in profits, appointments and policies
IMF code drives reform of central bank transparency
Dmytro Solohub says pilots of new transparency code have already fostered change
EU concludes authorities cannot seize Russian assets
Brussels says Europe may be able to invest assets and use extra profits to aid Ukraine
Menon set to leave MAS this year – reports
Former MAS assistant managing director tipped to take over the role
Federal Reserve denies FedNow is a CBDC
Online sources post disinformation on payment system as anti-CBDC sentiment grows
Slovak prime minister urges governor to resign after bribery conviction
Peter Kažimír denies corruption and says he will defend himself in higher court
Kganyago calls for lower inflation target and tighter policy
Sarb governor urges reform of South Africa’s troubled transport and electricity sectors
Governance Benchmarks 2023 report – the frameworks that underpin central banks
Data reveals differences in profits, appointments and policies among EMEs and advanced economies
Cuba will again allow dollar cash deposits
Decision reverses ban in place since June 2021
Megan Greene to join Bank of England MPC
Kroll chief economist will succeed Silvana Tenreyro later this year
People: First governor of Congo central bank dies aged 92
Deputy governors depart in Canada and Sweden; and more
IMF eases Argentina loan terms
Fund approves $5.4 billion payout and lowers reserves targets as drought conditions bite
Bank of Israel warns political turmoil could hit GDP
Central bank slows cycle with 25bp hike, raising key rate to 4.5%
US regulators fine Wells Fargo for aiding sanctions-busting
Fed and Treasury say bank failed to halt client channelling funds to Iran, Syria and Sudan
Australia to publish central bank review in April
Independent review likely to propose changes to RBA’s board
Banknotes: January to March 2023
A round-up of news and salient issues that have affected central bankers in the past three months
Central Banking Awards 2023 – the winners in full
Awards recognise extraordinary achievements by central banks and their partners in the past year