Central Banks
Lower unionisation ‘unlikely to account for’ low wage growth
In Australia, share of employees covered by wage agreements negotiated remains stable, RBA researchers find
Indian governor says court defeat will not stop stressed asset resolution
Governor says RBI may issue a revised circular after adverse legal ruling
Arab regional payment system set for 2020 launch
The new system would replace the costly and inefficient correspondent bank model
Apra signs deal on new data platform
Vizor will provide the software and Dimension Data will implement the system
IMF urges Morocco to pass new central bank law
The fund stresses importance of strengthening independence and role in financial stability
Bank of Spain warns stressed assets remain above pre-crisis levels
Deputy governor says mergers are clear alternative to boost profitability and efficiency
EU regulators warn on no-deal Brexit impact
Firms must make contingency plans, regulators say, as Brexit deadlock continues
People: New chief operating officer appointed at the Fed
Patrick McClanahan returns to US central bank to take up COO post; former Central Bank of Ireland chief dies; and more
Fed launches database on household wealth distribution
Database designed to help policy-makers understand the impact of their decisions on patterns of inequality
Fed to require fewer banks to submit resolution plans
The reform is the latest effort to streamline regulation under the Crapo Bill
NBU’s Smolii speaks out about political interference
Politically powerful people in Ukraine are still trying to block economic reform, but transparency is helping, says National Bank of Ukraine governor
Irish central bank says draft NPL law could worsen bank crises
Measure would restrict funding options and make credit more expensive, ECB warns
RBI to repeat forex swap after high demand for first operation
Second round of long-term liquidity will be on offer in late April
Global slowdown continues to warrant stimulus – Poloz
Poloz confident of Canada’s ability to adjust and says slowdown is temporary
Quarles defends decision to set countercyclical buffer at zero
But there may still be disagreement within the Fed’s ranks
ECB still short of 2019 gender targets
European Central Bank may restart recruitment processes if not enough women apply for roles, as it looks to meet ambitious targets by the end of the year