Legal
Computing platforms for big data and AI
Rafael Schmidt and Bruno Tissot offer insights on developing a comprehensive information strategy
CLS proposes second-tier FX settlement system
Stripped-back system for EM currencies mooted to tackle rising settlement risk
Liberian government puts five central bank officials back on trial
Prosecutor alleges former governor and deputy governor carried out “economic sabotage”
Afghan officials allege new governor ‘illegally’ suspended them
Governor alleges corruption by officials but former IMF official condemns “shocking” move
FCA to gain new powers to tackle ‘tough legacy’ issues in Libor transition
Untangling complex legacy issues is looking increasingly difficult as delays mount due to Covid-19
A better way to buy private sector securities?
Central bank asset purchases can do more harm than good, writes HKU’s Bryane Michael
The complex art of reserve management
Lockdown represents another inflection point for central banks managing $12 trillion in FX reserves
The ECB, the lockdown and the monetary financing lock
Eurozone’s central bank may need to break its prohibition on monetary financing to fight pandemic
Some thoughts on CBDC operations in China
PBoC's Fan Yifei outlines why he favours indirect CBDC in China
The dawn of a safer and sounder European banking sector
Implementation of two pillars of banking union has led to significant improvements
Stability versus solvency
There is still far too much regulatory forbearance on troubled bank debt
Custody initiative: Euroclear
The securities depository has debuted instant dollar settlement in central bank money outside the US
Watch out for Brexit cliff edge 2.0, experts warn
Measures to mitigate a sharp rupture for financial services could be less likely at end-2020
BoE probes press conference audio feed leak
FCA investigates alleged leak of backup feed to third parties before main broadcast
The challenges facing Christine Lagarde
New ECB chief needs to lead a successful review of the ECB’s monetary and communications policy
Kenyan high court dismisses challenge to new banknote series
Central bank had been accused of violating constitution with banknote designs
MAS launches initiative to help payment firms with compliance
Two-month pilot will help connect payment firms with legal service providers
Trade war may delay renminbi as reserve currency, says reserves manager
Central banks are cautious when building renminbi reserves due to legal and liquidity issues
Market competition fuels volatility in frail regulatory environments – Bank of Spain research
Increased instability associated with higher default rate triggers a 3.3% loss of output
Bulgarian central bank wins court case against Omani state fund
BNB says Washington tribunal ruled it acted properly in closing down bank
Carney warns Germany and France of Brexit derivatives cliff edge
BoE governor says it is in the “interests” of EU countries to ensure contract viability ahead of Brexit
World Bank official says blockchain could cut settlement times
Official says first blockchain bond shows the technology's potential
Malaysia takes action against 17 Goldman bankers over 1MDB
Custodial sentences and criminal fines sought in relation to alleged misappropriated funds
Maldives governor resigns amid scandal
Governor accused of interfering in money-laundering investigation