Regulation
Singapore touts trust and neutrality to win central bank gold
MAS and SBMA believe there is room for multiple gold hubs; play down competition with Hong Kong
Central banks remove over 40,000 fake notes on average
Most counterfeited banknotes detected in series issued from 2015–2020
Former Richmond Fed chief to oppose discount window reform
Counting unused capacity towards prudential requirements would be ‘unwise’, Lacker will argue
Volume of damaged notes withdrawn from circulation increases
Frequency of official fitness tests tends to have bearing on removals
BoE probes Barclays’ handling of private credit loans
FT report says PRA investigating misallocation of derivatives following internal complaint
Dan Katz on the IMF’s role amid a fracturing economic system
The first deputy managing director speaks about the fund’s efforts in technical assistance, central bank guidance, debt workouts and surveillance in a system beset by fiscal imbalances, geopolitical fissures and digital disruption
One in five central banks to issue new banknotes next year
Third of respondents have seven denominations of banknotes in circulation
Warsh: I’ve focused too much on monetary policy
Fed chair vows to pay more attention to supervision, payments systems and consumer affairs
Number of banknote depots linked to cash cycle involvement
Public and private sectors jointly bear distribution costs in most jurisdictions
Supervisory culture at Fed a ‘decades-long problem’ – Bowman
Vice-chair says there will be restructuring, while ‘tailoring’ of regulations will also change
FSB outlines principles to guide regulatory ‘modernisation’
‘We have not seen people implement our recommendations and then move back,’ says John Schindler
Volume of cash in circulation averages less than 5bn notes
Proportion of payments made using cash averages 40% in past year
FSB warns global stablecoins remain untested in crisis
Complex cross-border regulatory structures have emerged, body says
Syria clamps down on unlicensed exchange and transfer activity
Central bank and interior ministry issue 755 warnings following field inspections
Printworks owners have seven times more cash staff
Currency departments generally more satisfied with non-staff resources than staffing
GFTN’s Maha El Dimachki on the tech forces facing central banks
Tokenisation, AI and quantum are converging as global financial corridors evolve
Pacific series: PNG’s governor on 40 years at the central bank and her plans for its future
Elizabeth Genia speaks about reaching remote communities, FX, green finance and leadership
Hong Kong to explore stablecoin use cases with Malaysia
Monetary authorities also agree to co-operate on tokenisation and local currency use
BIS’s Hernández de Cos on AI, non-bank risk and tokenisation
General manager talks about how the BIS is navigating a complex global environment
Villeroy de Galhau rejects ‘populist’ critique of central banks
Independent institutions belong in driver’s seat ‘more than ever’, says former BdF governor
Commercial value must drive digital asset adoption – Mills
BoE’s executive director for FMI says bank will not pick winning token, ledger or business model