Regulation
Governing boards approve majority of strategic plans
Departmental heads widely assigned implementation duties
Regulation should be ‘smarter’, not ‘less’ – ECB’s Donnery
Financial resilience cannot be sacrificed under banner of simplification, senior supervisor says
Three in four central banks use dedicated strategic units
Units typically have a direct reporting line to the governor
Events are top channel for strategic plan communication
But over half of plans lack a framework for communication
Rate hikes and financial stability can coexist – IMF panel
Policy-makers can ease lenders’ stress with short-term liquidity when tightening policy, say speakers
Fed lifts supervisory requirements for crypto investments
Easing of regulations for banks is latest example of US’s increasingly pro-crypto stance
Digital transformation and payments are major strategic goals
But few respondents prioritise AI or mandate changes
Strategic planning is ad hoc in 10% of central banks
Strategic plan-setting frequency averages 3.8 years across institutions
EU firms fear dollar liquidity becoming tariff bargaining chip
Trade war escalation could affect ECB's access to Fed swap lines
Most central banks fund strategic plan delivery with standard budgets
Only two-fifths of jurisdictions have dedicated budget for strategic objectives
IMF says supervisors need to be mindful of geopolitical risks
Shock events cause sizeable swings in asset pricing, institution’s latest report highlights
Do central banks need more tools to regulate the financial system?
Policy-makers from Armenia, Thailand and New Zealand share perspectives on how to keep up with the ever-changing industry
Fed’s Bowman to ‘prioritise’ SLR exemption for US Treasuries
Reinstating Covid-era relief is a ‘no brainer’, dealers say, as bond markets reel from tariff chaos
SEC officials issue conflicting statements on stablecoins
Commissioner slams statement for understating risks
Do Trump/Doge materially threaten the Federal Reserve?
Experts weigh in on the danger levels for the US central bank, including whether it is overstaffed
Fed independence is under threat
US central bank faces increasing pressure although monetary policy autonomy looks safe for now
Salary still poses greatest challenge for recruitment
Staff morale constitutes lowest constraint but is a concern for some central banks
Gould stands by OCC decision to end reputation risk exams
Comptroller nominee also blames SVB failure on poor supervision, not tailoring rule
No need for repo clearing ‘cannon’ in Europe, says industry
Observers question rationale for a clearing mandate, calling for clearer incentives
Buch: geopolitical risk is ‘our new business as usual’
ECB supervision chief tells EU parliament there is no trade-off between growth and effective supervision
Two-thirds of central banks regularly audit policy processes
Internal and external audit functions are combined in most jurisdictions
EU debt wave raises dealer capacity concerns
Ongoing QT and upcoming defence spending piles pressure on bank balance sheet supply, say dealers
Larger central banks more likely to have diversity policy
Boards with appointment powers more often focus on diversity
Bowman’s ascent sparks office intrigue at the Fed
Trump’s vice-chair for supervision pick is said to have a prickly relationship with Powell