Governance
Federal Reserve saw fall in profits in 2022
Central bank remitted $76 billion to US Treasury, but has been in red since September
Most central banks completed risk management review in 2022
Overall, 63% of institutions carried out internal audit and management reviews, 48% a external review
Cyber security topples reputational risk as first concern
Overall, close to 39% of institutions place cyber as their top concern, 20% select reputational factors
European judges seek to question Lebanese governor
German and French investigators want to speak to Salameh over money-laundering allegations
Zambian central bank needs more safeguards, IMF says
Fund says central bank’s independence is still under threat despite reforms
Market and personnel become key rising risks for central banks
Over 47% of institutions highlight one of these two factors as the fastest-growing risk
Cyber security remains most pressing risk for central banks
For second consecutive year it is singled out as the risk rising the most
Madagascar central bank has new governor
Andrianarivelo takes over after Rabarijohn resigns early, citing health reasons
Central banks report scant progress on climate risk capabilities
Just 9% of participants have a climate change risk unit, up from 7% last year
New Bank of Tanzania governor appointed
Emmanuel Tutuba replaces Florens Luoga, whose term had ended
Nigerian court orders security service to stop harassing governor
Politicians’ anger over cash restrictions during election may be behind pressure, observers say
Mexican government nominates new Banxico board member
Previous member Esquivel played dovish role on rate-setting body
Tonga names new governor
Moeaki takes up role after disqualification from parliament for bribing voter
Brazilian financial intelligence unit moves from central bank
President gives finance ministry control of unit but leaves its powers unchanged
Ukraine accuses Russian governor of crimes during occupation
Security service says Nabiullina organised effort to create “ruble zone” in Russian-controlled Kherson
People: Nigeria reappoints deputy governors
Czech National Bank names new deputy; New York Fed appoints chief operating officer; and more
Iran appoints new governor amid protests and plummeting rial
Farzin becomes fourth head of central bank in less than two years
RBI strategy targets global rupee use
Central bank aims for wider use of Indian payment technology and spread of national currency
Court rejects bid to arrest CBN governor
State security application comes as Nigerian central bank calls in naira notes and elections near
Sri Lanka cabinet approves draft of new central bank law
Measure will end CBSL role in buying government bonds
It is time to reorganise the Bank of England
Recent crises have shown the BoE’s management structure to be outdated, says William Allen
Bo Bo Nge in hands of ‘arbitrary’ regime
Jailing of reform-minded central banker is “attack on central bank governance globally”
ECB adopts new ethics rules on trading
New rules ban holding of individual equities, similar to Fed reforms