United Kingdom
People: South Africa deputy governor plans to resign
BCIE presidential race; Chile general manager leaving; and more
Buy side reflects on BoE’s gilt liquidity lifeline
Lending facility could prevent repeat of last year’s LDI crisis if properly designed, pension and insurance experts say
UK researchers propose 3% inflation target and negative rates
Inflation stalls at 6.7% in September, the same figure as in August
BoE should ‘step up’ data analysis, review says
Independent Evaluation Office urges central bank to embrace cloud and explore AI
Ring-fencing protects retail banks, but lowers total equity value
BoE research finds concentrating risks in one group of banks depresses asset prices
Liquidity impacts monetary policy transmission – BoE paper
Hedge funds play key role in transmission at longer maturities, authors find
Rate hikes: too much, too late – and now too dangerous
Why monetary tightening risks a global credit crunch
FCA fines former Barclays CEO and bans him from senior roles
UK regulator says Staley lied about relationship with Jeffrey Epstein
Paper offers new method for measuring natural rate
Authors say use of natural experiment leads to much smaller errors
Currency round-up: Liberia withdraws pre-2021 notes
DRC central bank calls on the public to better preserve banknotes, and more
BoE to conduct ‘desk-based stress test’ for 2024
Financial policy committee warns of some risks in UK corporate and household finance
Mark Carney endorses UK Labour party’s finance spokeswoman
Former BoE governor says it is “beyond time” to put Rachel Reeves’s ideas into action
UK regulator ‘welcomes’ Metro Bank capital injection
Colombian banker becomes majority shareholder of struggling lender
PRA plans dynamic insurance stress test for 2025
UK regulator will consult industry and publish more details next year
UK’s PM should have power to fire BoE governor, politician says
Former minister says Bailey lacks confidence among finance sector and politicians
BoE begins work on non-bank emergency backstop
Central bank planning to roll out facility to insurers and pension funds as first step
UK regulators open consultation on diversity and inclusion rules
Authorities would require policies, targets and data collection
BoE publishes terms of reference for Bernanke review
Former Fed chair to provide insights into how to forecast in “significant uncertainty”
BoE presses ahead with contentious insurance reforms
Changes to matching adjustment juggle competing priorities from government, firms and regulator
BoE postpones date for UK banks’ Basel III compliance
PRA says it needs more time to consider feedback on credit risk and output floor proposals
Bank of England pauses for first time since December 2021
MPC votes 5–4 to halt cycle amid slowing inflation and a sluggish economy
People: Former MAS managing director Hu dies
New chair for Kenya central bank’s board; new member of BoE court; and more
Carney derides UK ex-PM’s economic policy
Former BoE governor says cutting taxation does not automatically lead to growth
Critic urges UK to leave China-based lender
Treasury says UK will stay in AIIB as ex-official calls some employees “useful idiots”