Governance
AML supervision at central banks: 2022 survey
Kroll explores why many central banks are investing in skills and data to tackle money laundering, but resourcing constraints are preventing stronger action, as Central Banking’s survey data reveals.
Sri Lankan central bank raises rates and clashes with power company
Energy chairman says “power crisis” has been caused by unwise use of foreign exchange
People: Chile appoints new central bank director
BoJ set to gain new policy board members; RBA names new head of banking; and more
Outsider arts: how Russia might adapt to sanctions
The history of the USSR and actions by other sanctioned countries may give clues to Russia’s next moves
People: Canadian deputy governor retires
Ghanaian deputy governor gets second term; IMF statistics director steps down, and more
How supervisors can step up the AML fight
Marcus Pleyer, president of the Financial Action Task Force, says digital tools, stronger co‑operation and risk-based methods can give supervisors an edge. But threats are still proliferating
Leading Colombian presidential candidate plans central bank reform
Gustavo Petro claims current government has captured the board of directors
Lebanese central bank sent millions to firm linked to governor – report
Central bank paid millions of dollars to firm investigated by Swiss prosecutors, Reuters says
FOMC adopts new ethics rules on trading
Fed reforms follow months of controversy over equities trading and three resignations
Book notes: Imagining the Fed, by Nicolas Thompson
A worthwhile perspective on the evolution of such an important institution, but a shame that it isn’t a longer and broader examination
US Senate Republicans stall Fed nominations
Raskin denies opposition lawmakers’ allegations that she engaged in untoward lobbying
Lebanese judge says security forces blocked interview of governor
Signs of rising political tensions over investigation of corruption allegations against Salameh
Staff suing Turkish central bank over Istanbul move, says report
Media says staff have been told to move to “uncompleted” headquarters in June
US Treasury opposes ending IMF surcharges
Biden administration rejects initiative championed by Democratic progressives
Former Guinea governor held by police
Lounsény Nabé taken into custody this month after being dismissed following military coup
Boston Fed appoints Susan Collins as new president
University of Michigan economist to become first Black woman to lead a regional Fed
Slovene parliament rejects government’s central bank nominee
MPs criticise candidate over alleged governing party links as banking dispute continues
Bank of Canada carries on as truckers protest
Non-essential staff working from home as anti-vaccine demonstrators occupy Canada’s capital
Turkish government fires statistics head as inflation climbs rapidly
Finance minister meets London investors after official inflation hits highest level since 2002
Union objects to Colombian central bank’s branch closures
Bank of the Republic is converting some regional offices to cultural centres, closing treasuries