Governance
ECB criticises Polish law on cash use
Frank Elderson says law “may not be in public interest” and says government failed to consult ECB
Norges Bank appointment process stirs debate on independence
Nato chief and former prime minister Jens Stoltenberg is proving a controversial governor candidate
Financial risk most staffed function
Risk management team sizes vary considerably between central banks
First deputy governor to leave Russian central bank
Bank of Russia appoints new officials in first major change to senior leadership in three years
Over half of central banks have a chief risk officer
Most have a risk management committee
Fed chair makes case for renomination
Powell needs 50 votes and may need at least three Republicans to side with his reappointment
People: BIS names chair; IMF appoints chief economist
De Galhau to chair BIS top governance body; international macroeconomist to lead IMF research; Bank Negara Malaysia appoints MPC member
Biden nominates three to Fed board
Republican senator signals likely opposition to president’s pick for top supervisor
Croatian central bank denies allegations against governor
Financial supervisor is investigating media claims of insider dealing by central bank staff
ISO 31000, COSO-ERM are influential risk management approaches
IOWRG, Basel and NIST also used by central banks
RBNZ deputy governor leaves early over “breach of protocol”
Bascand talked about management restructuring with outside party
Over half of central banks modified collateral policies during the pandemic
Most reduced haircuts on banks’ collateral
Lebanese PM denies shielding governor
Mikati denies claims he threatened to resign over investigation into Salameh
Benoît Cœuré to lead French competition authority
BIS Innovation Hub chief and former ECB executive set to return to Paris
Few central banks cover environmental risk
Central banks list environmental risk as a minor source of risk
West African central bank freezes Mali assets
Regional authorities demand Malian military government hold elections as scheduled
Fed’s Clarida resigns after latest trading revelations
Vice-chair departs 17 days early after new disclosures about equities sales
Cyber security risks rose most in the past year
Operational and market risks also increased
People: Brazil’s Campos Neto comes down with Covid
Acting governor in Lesotho; Auer to head Eurosystem Innovation Hub; and more
Reputational risk tops central bank concerns
Cyber security and credit/counterparty risk followed
Fed’s Clarida reveals large pre-pandemic equities trades
Departing vice-chair files amended disclosure forms, reigniting criticism of Fed leaders