Governance
The IFF China Report 2018: Chinese financial system reform
China is focusing greater effort in tackling the build-up of risks in its banking and financial system, while also seeking to ensure credit is more effectively distributed in the real economy. At the same time it is has embraced fintech but policymakers…
Fintech in the ‘new era’ – Sustainable and sound development
Li Dongrong, president of the National Internet Finance Association of China and former deputy governor of the People’s Bank of China, discusses the growing importance of fintech and how innovation must be married to self-discipline for China to make a…
Romanian ruling party leader accuses central bank of political bias
President rejects accusations that central bank is spreading “fake news” as inflation rises
ECB warns draft Slovene law could cause ‘political risk’ to central bank leaders
Latest warning to Slovene government prompted by proposals on Swiss franc loans
People: RBA appoints new chief information officer
New council member in Ukraine; Liu He no longer in China’s State Council; MAS appoints new board member
The Bank of Italy’s approach to risk-based budgeting
The financial crisis blurred the lines between Anglo-Saxon and continental European central bank models, presenting challenges when treating both the sources of risk and risk-bearing capacity using financial and accounting budgeting techniques
The IFF China Report 2018
Insight and opinion from China’s top leaders, policymakers and financiers
ECB rejects ombudsman’s call for Draghi to leave G30
Think-tank’s discussions improve understanding of global economy, ECB says
Kganyago on central bank independence and future plans for the IMFC
The South African Reserve Bank governor spoke with Christopher Jeffery at the Central Banking Awards about the South Africa’s new president, the importance of operational independence and key targets for the IMFC
After the Congress – Interpreting China’s new development concept
As Xi Jinping Thought is enshrined in the Constitution, Justin Lin, IFF member and former chief economist at the World Bank, calls for far-reaching innovation in all sectors of industry and finance to attain the goal of national rejuvenation
The IFF China Report 2018: The Belt and Road Initiative
China’s signature Belt and Road Initiative (BRI) now includes 71 countries, with trillions of dollars of investment allocated. Leading Chinese and international policymakers explain how BRI efforts are progressing. This section includes an inaugural…
The IFF China Report 2018: China’s opening-up and reform policy
The experiences of China’s opening-up and reform during the past 40 years, which includes a transition from an agricultural economy to one seeking to offer high-end manufacturing and services, offer valuable lessons to other nations seeking to pursue…
Asian Infrastructure Investment Bank – Raising expectations
The Asian Infrastructure Investment Bank embodies international co-operation and innovation – the spirit of modern China. Strict management, openness and transparency have won the bank wide recognition and acceptance, says Jin Liqun, the bank’s president
ECB will ‘accelerate efforts’ to tackle staff concerns after second survey
14% of respondents report “inappropriate words or behaviour in past year”
The IFF China Report 2018: Post-financial crisis – A decade on
The Global Financial Crisis sparked Group of 20 countries to introduce tough new regulations on financial institutions and instruments. Yet the architecture of the global monetary, economic and financial system has many flaws. What lessons can China…
Missing $500 million returned to Angolan central bank
Finance ministry attempts to set the record straight over alleged fraud, which used dormant company as a mask for the illegal transfer
Greek governor takes legal action against prosecutor in ‘corruption’ case
Stournaras also accuses anonymous witnesses of defamation
Estonia and Denmark hit by money laundering scandals
Danske Bank says it should have acted faster on allegations
ECB asks European Court of Justice to rule on barring of Latvian governor
ECB says Latvia’s authorities have effectively removed Rimšēvičs from office
Bank of Uganda governor hits back at mismanagement claims
Central bank and government ombudsman are locked in conflict over a staff reshuffle
Fed’s risk proposal puts banks on the defensive
New supervisory guidance will make business heads responsible for risk management
Sri Lankan president takes responsibility for central bank away from PM
Prime minister faces no-confidence vote over central bank “bond scandal”
Issing sees ‘uncertain future’ for central bank independence
The eurozone architect warns central banks that overreach open themselves to political attack
Book notes: A diary of the euro crisis in Cyprus
Panicos Demetriades’ book tells the inside story of the Cypriot crisis and how battles over central bank independence led ultimately to his resignation