Central Banks
HKMA creates tokenisation advisory group
New group includes BIS Innovation Hub, regulators, academics, banks and tech firms
South Korea and Malaysia renew currency swap line
Bank of Korea and Bank Negara Malaysia resume arrangement that lapsed in 2023
Nigerian president orders central bank to suspend levy
“Cyber security levy” would have charged 0.5% of most electronic transactions
Research queries monetary policy ability to curb financial crises
“Leaning against the wind” is unlikely to work, New York Fed paper argues
Neutral interest rate likely to rise, paper finds
Several factors are pushing rate upwards, Bank of Canada researchers say
People: RBI appoints senior officials
Liz Oakes to join Bank of England FPC; European Central Bank names head of information systems
Danish central bank asks citizens to vote on new banknote designs
Suggested figures for back of note include polar explorer and Hans Christian Andersen
China to start selling ultra-long term sovereign bonds
Authorities will start selling 30-year bonds as first stage of major fiscal stimulus
IMF says Jordanian economy likely to stay stable
Fund staff forecast inflation will remain low and growth continue despite nearby conflict
HKMA publishes sustainable finance taxonomy
Hong Kong extends scope of green bond subsidy and develops climate risk assessment tool
Most comms teams aim for social media boost in 2025
Top priorities for next year align with 2023 benchmark findings
Malaysian central bank holds policy rate
BNM’s efforts to support the ringgit are paying off, deputy governor says
Press releases outnumber officials’ public appearances
Statistical bulletins also rank as most published document annually
Turkish central bank raises inflation forecast
Central bank points to high services inflation, food prices and rents as reasons for increase
Uneven US innovation could increase inequality – research
St Louis Fed economist documents rising patent concentration by area
Fed releases guidance on third-party services
Fed board warns of possible operational, compliance, financial and strategic risks
BoE hints at possible cuts before Fed
Rate cuts may exceed market expectations, Andrew Bailey says
EU agrees to use Russian asset profits to support Ukraine
“This is not our decision, but a political one,” says Euroclear chief executive