Governance
Trump administration nominates David Malpass as next World Bank head
Nomination comes despite inaccurate pre-crisis predictions and criticism of global institutions
People: Ghana’s Addison to chair Ecowas governors
Thailand appoints assistant governor; Vietnam announces deputy payments director
BoE’s Taylor says external members are now better prepared
External members are now better briefed by BoE staff, but still avoid “group think”
RBI unexpectedly cuts rates as elections loom
Inflation lowest for 18 months, but cut will be welcome to Modi administration; governor refuses to answer political influence question
Powell joins Trump for dinner at the White House
Fed puts out statement, as meeting follows regular criticism of the Fed’s interest rate path from the president
Governor of the year: Karnit Flug
The Bank of Israel’s first female governor delivered some hard-fought reforms during her time in office, and also stood up to the government and safeguarded macroeconomic stability
Central bank of the year: Monetary Authority of Singapore
Singapore’s central bank stands out for its pioneering fintech efforts combined with its consistency of performance in monetary policy, financial stability and supervision
Australian inquiry calls for major reforms of regulatory culture
Authorities did not enforce laws on financial sector strongly enough, report argues
Guinean central bank benefits from reform programme – IMF staff
Bank has improved internal systems and lowered financing of government, staff report says
Polish parliament seeks to cap central bank salaries
Move comes in response to scandal over pay of two senior central bank staff
Kazakh president piles pressure on central bank to boost growth
Autocratic ruler berates ministers and central bank chief over banks and growth rates
Austrian far-right party nominates economist for governor
Robert Holzmann has distinguished career as pensions specialist, but political links may cause controversy
Romanian government escalates attacks on central bank
Social Democratic party and finance ministry says bank is failing obligation to protect currency
Central Banking Awards: third round goes live
Prizes unveiled for economics, website, risk management, professional services, data and more
Sri Lankan lawyers allege wrongdoing by senior central bank officials
Court says senior deputy governor must appear before it on February 25
Risk manager: Saudi Arabian Monetary Authority
A multi-year overhaul of the Saudi central bank’s risk architecture has come to fruition, resulting in radical changes in behaviour
Advisory services: Deloitte
Deloitte has a growing central bank footprint, including new projects on strategy and cyber resilience in Canada, fintech in Saudi Arabia and DLT in Hong Kong
European Commission takes legal action against Slovenia over central bank raid
Slovenia’s seizure of ECB documents and failure to co-operate broke European law, EC says
Iceland’s central bank removes nude paintings from walls
Employees complained about talking in front of paintings of naked women, reports say
Bolsonaro promises legislation on central bank independence in first 100 days
Central bank independence has been a recurring theme for Brazilian politicians
New chairman takes over at Bermuda Monetary Authority
Gerald Simons retires after six years in the post; chief executive now holds both senior posts
Nigerian central bank to set up national micro-lender
Leading presidential candidate says he will not give governor a second term
Central Bank of Brazil looks back at its 54-year history
Governor Ilan Goldfajn reflects on how central bank has fostered economic stability
Rise of renminbi prompts central banks to open Asian offices
A total of nine central banks now have offices in Asia, but New York remains city of choice