Transparency
Ghana launches push to turn banking sector green
New sustainable principles address seven areas of social and environmental issues in a growing banking sector
Overhaul of RBA archive sees a third of records digitalised
Externally-facing archive will give public greater insight into central bank’s history – review
Paul Volcker, 1927–2019
The Fed chair made his name battling inflation, and left his mark on independence and post-crisis financial regulations
Mauritius to roll out forward-looking policy framework
New monetary policy operating framework will look to smooth the yield curve and improve communication with external stakeholders
Carney named UN special envoy on climate risk
Governor will join the UN’s staff on his departure from the Bank of England
The pursuit of ‘fintecgrity’
Digital currencies, distributed ledgers and deep learning are set to transform the financial economy. How can regulators maintain integrity at the confluence of finance and technology?
BoE hits Citi with fine over reporting failures
Penalty marks first time PRA has sanctioned a systemic firm for regulatory reporting breaches
IMF paying closer attention to central bank independence, research shows
Central banks must “step up their game” on improving transparency, Tobias Adrian writes
Canada’s Poloz on monetary policy limits, transparency and cyber recovery
Bank of Canada governor Stephen Poloz speaks about stagflation risks from trade wars, the importance of market signals, Canada’s CBDC plans and why he is not a fan of minutes
A spotlight on IPSAS Draft 69
Proposed accounting guidance for specific instruments by the Public Sector Accounting Standards Board may have significant implications for central banks
IMF draws links between transparency and debt accumulation
Fund praises efforts taken by Tunisia and Uzbekistan, and urges others in the region to improve accountability of fiscal institutions
De Cos maps out ‘future path’ for Basel Committee
New chair says four key principles will guide the committee’s approach
Atlanta Fed publishes 1,300-page history of the Fed
Document reveals early concerns Fed creation would lead to politics in banking or banking in politics
Regulators should embrace digital ID
The lack of a single ID in financial services is causing unnecessary friction, argues Dave Birch
RBNZ to boost transparency on regulatory breaches
Central bank presses ahead with plan to report “material breaches” by banks on its website
BIS: forex volumes rise to $6.6 trillion as London trading soars
While the UK capital reinforces its prominence in forex markets, trading in Asian currencies heats up
Zimbabwean rates hit 70% as inflation remains in triple digits
Central bank attributes rapid price rises to restructuring of the economy; rates will now be set by monetary policy committee
BoE’s Hauser urges firms to adapt to forex market fragmentation
Less sophisticated firms are paying much higher spreads, executive director says
UK lawmakers call for transparency on BoE governor appointment
MPs call on finance minister to make shortlist public as survey highlights trust deficit
Mark Carney on joined-up policy-making, forward guidance and Brexit
BoE governor rules out negative rates and change to inflation targets, offers update on too-big-to-fail and use of CCyBs, highlights challenges of an asymmetric monetary system, hits out at cumbersome payments and warns Facebook’s libra cannot ‘learn as…
BoE to demand transparency on bank resolution plans
Central bank finalises framework for resolvability assessment
UK regulators welcome plans for clearer green mandate
Government unveils first “green finance strategy”, including changes to policy remits
Riksbank cuts number of monetary policy meetings
Swedish central bank aims to optimise research and forecasting resources
RBNZ launches strategy to become ‘best central bank’
Statement of intent for 2019–22 includes an update to RTGS system, and a “future of cash” plan