Governance
Pandemic changes could help women advance in central banks
Remote working gives staff flexibility not offered by existing arrangements, say senior policy-makers
The role of individuals in guarding against inflation
External pressure may test governors’ resolve as inflation climbs, say former officials and academics
UK committee calls for reform at FCA over ‘mini-bond’ scandal
Treasury Committee says it does not believe Andrew Bailey misled it over his role in the matter
MAS’s Vincent Loy and Celine Sia on transforming data management
The assistant managing directors explain how uniting business and technology functions is opening up new possibilities for data collection, governance and analytics
People: Sam Woods reappointed; Fernanda Nechio returns to SF Fed
BoE deputy gets fresh term; Nechio to lead regional Fed’s sustainability research; and more
Angola grants central bank independence
Constitutional amendment will guarantee autonomy and add financial stability to mandate
Catherine Mann appointed to Bank of England MPC
Former Citibank and OECD chief economist to take Jan Vlieghe’s seat; Jonathan Haskel reappointed
People: IMF deputy managing director and two more senior officials to leave
Tao Zhang leaves deputy’s role at end of tenure; IT and HR directors resign
BIS prepares to redevelop HQ
Bank’s biggest building project since the 1970s could see major expansion of main site
Riksbank to revise ethical rules after staff infringements
Employees were involved in equity transactions before monetary policy decisions
BoE suspends dividend as capital falls below target
Growth of intangible assets due to RTGS project caused loss-absorbing capital to drop
MAS publishes inaugural sustainability report
Report details central bank’s own efforts to cut emissions and broader work with financial sector
ECB calls for change to proposed Polish central bank law
Proposal on loans to bank guarantee fund would break prohibition on monetary financing, ECB says
Linah Mohohlo: 1952–2021
The first female governor of the Bank of Botswana served with “exceptional energy”, commanding fear and respect over a four-decade career at the central bank
Former Brazilian governor dies
Carlos Langoni, who led the central bank from 1980 to 1983, fell victim to Covid-19
Peru holds policy rate amid election battle
Likely winner of presidential election says he “respects autonomy” of central bank
People: MAS’s Menon reappointed until 2023
Norges Bank appoints deputy to supervise SWF; Bahrain’s leader makes son deputy governor; RBI deputy reappointed
Mexican president names finance minister to head central bank
López Obrador nominates long-term ally after frequent clashes with current governor
Central bank profits under pressure
The structure of a central bank’s portfolio and its relationship with shareholders can affect shock-absorbing capital and the amount of profit distributed
Riksbank proposes framework to improve parliamentary scrutiny
One possibility is to create a permanent body to brief the parliamentary finance committee
A chemical engineer walks into a bank
Mónica Fernandes, head of the quality and counterfeit analysis division at the Bank of Portugal, explains why it is just as important for central banks to employ scientists as to employ economists
French prosecutors investigating Lebanese governor – reports
Riad Salameh has repeatedly denied allegations of money laundering and corruption
Governance Benchmarks 2021 report – the frameworks that rule central banks
How are central banks governed? Benchmarking data offers insights on appointments, legal structures, powers, decision-making bodies, independence and more