Governance
People: BoE appoints chief cashier in senior reshuffle
BoE makes promotion following departure of Chris Salmon; Malaysia picks new assistant governors; MAS makes changes to senior management
Bank of England unveils new education initiative
The “econoME” programme seeks to bring basic economics into UK classrooms
World Bank names new chief economist
Pinelopi Koujianou Goldberg brings deep experience of trade economics; predecessor Paul Romer spent a turbulent 15 months in office
BoE profits exceed target, but pay squeeze continues
Senior staff to receive below-inflation pay rises, though income and costs both “favourable”
Finnish lawmakers nominate Olli Rehn to be next governor
Likely candidate is former European commissioner and economic affairs minister
SNB loses $6.9 billion in Q1
Higher interest rates reduced the value of sovereign bonds
Romanian ruling party leader accuses central bank of political bias
President rejects accusations that central bank is spreading “fake news” as inflation rises
Costa Rica’s upgraded website employs new data management tools
New design layout is responsive for mobile devices; central bank will monitor website traffic to determine the best time to publish information
ECB warns draft Slovene law could cause ‘political risk’ to central bank leaders
Latest warning to Slovene government prompted by proposals on Swiss franc loans
People: RBA appoints new chief information officer
New council member in Ukraine; Liu He no longer in China’s State Council; MAS appoints new board member
The Bank of Italy’s approach to risk-based budgeting
The financial crisis blurred the lines between Anglo-Saxon and continental European central bank models, presenting challenges when treating both the sources of risk and risk-bearing capacity using financial and accounting budgeting techniques
ECB rejects ombudsman’s call for Draghi to leave G30
Think-tank’s discussions improve understanding of global economy, ECB says
Kganyago on central bank independence and future plans for the IMFC
The South African Reserve Bank governor spoke with Christopher Jeffery at the Central Banking Awards about the South Africa’s new president, the importance of operational independence and key targets for the IMFC
China’s former chief insurance regulator charged with corruption
Xiang Junbo served as deputy governor at the central bank from 2004 to 2007
Clarida and Bowman nominated to Fed
Monetary economist and community bank specialist picked to fill vacancies on Fed board
ECB will ‘accelerate efforts’ to tackle staff concerns after second survey
14% of respondents report “inappropriate words or behaviour in past year”
Independent investigator appointed in South Africa’s VBS Bank saga
Central bank reveals $74 million shortfall at troubled commercial bank following KPMG’s admission of misconduct
People: Bank of Russia appoints new Moscow chief
Senior appointment at Bank of Russia; Uzbekistan picks new deputy; Bank of Japan gains new head of international affairs; Eiopa shuffles board
Greek governor takes legal action against prosecutor in ‘corruption’ case
Stournaras also accuses anonymous witnesses of defamation