Regulation
Let risks stay in non-bank sector, says EU official
Regulators and experts discuss solutions to financial activities migrating outside banking system
Targeted liquidity facilities decline year on year
Lending to small businesses and other goals are top criteria for access
Central banks’ asset purchase programmes thin out further
One in five inflation targeters still use scheme, but most plan to taper purchases
Stability before competitiveness, say supervisors
ECB’s Donnery and BIS’s Restoy discuss merits of imposing secondary mandate on growth
Most monetary policy units sufficiently resourced
Macroeconomic analysis and research duties are officials’ top functions
Tariffs will not solve US ‘twin deficits’, BdF governor says
Villeroy de Galhau wants to maintain spirit of transatlantic co-operation despite disagreements
Bailey joins calls for alignment of global crypto regulations
Regulators must “come together” to unlock digital assets’ cross-border functions, BoE governor says
Digitisation of money brings more regulatory risks – IMF head
Georgieva says crypto regs are in early stages and not yet coherent internationally
Monetary policy staff annual pay rises year on year
Divisional budget averages less than $10 million a year
Kenya passes law establishing crypto supervisory regime
Bill, awaiting president’s signature, will grant central bank authority to license virtual asset issuers
Middle income monetary policy teams comprise more junior staff
Monetary policy FTE employees average nearly 40 individuals across central banks
FSB finds large gaps in implementing regulatory reforms
Efforts to strengthen resilience of financial sector have not been timely or consistent, body warns
Simplifying rules may hinder EU single market – BIS’s Restoy
FSI chair says supervisors must be mindful of trade-off from making banking regs less complex
Lagarde revives pitch for euro’s international role
Single currency can become ‘true source of strength’, ECB president says
CNB joins Europe’s bank regulators to warn of crypto risks
Consumer interest driven partly by ‘aggressive’ promotion on social media, say authorities
RBNZ to set up financial policy committee
Institutional reform comes after parliamentary inquiry suggests idea that mirrors set-up at BoE
Interest rate risk rules need more work, says Fed’s Barr
Former vice-chair for supervision also says his redraft of Basel III would have softened NMRFs
Credible Fed key to dollar’s role in Asia – Amro’s Dong He
Organisation’s chief economist says Asia’s central banks not seeking to disrupt currency’s position in region
Central banks must focus on comms – Bank of Finland panel
Institutions need to concentrate on anchoring inflation expectations, governors say
How staff exodus could leave the OCC high and dry
A third of staff set to depart US regulator, but some teams will suffer much heavier losses
DFAST monoculture is its own test
Drop in frequency and scope of stress test disclosures makes it hard to monitor bank mimicry of Fed models
ASX risk management still not up to scratch, says RBA
Australian central bank says exchange has “considerable work to do” after Chess settlement incident
Kazakhstan launches tenge-pegged stablecoin pilot
Project is latest initiative to integrate digital assets into country’s financial system
World Bank Ramp membership stronger among smaller teams
Share of central banks participating in network rises year on year