Official Record
ECB prioritises IT outsourcing and cyber resilience supervision
Institutions lost $161 million due to poor-quality outsourced services in 2022
BIS unveils new data portal
Bank will hold training courses for journalists wishing to access statistics
IMF launches CBDC handbook
More data and methodologies needed to understand impact of all new means of payments
European Commission lowers 2023 GDP growth forecast
EC expects eurozone economy to expand by 0.6% this year
Peru continues gradually cutting policy rates
Inflation falling slowly towards target while 2024 promises low growth
Niger junta arrests, then releases, central bank official
Regional central bank had imposed sanctions on Niger after July coup
Eurozone consumers’ 12-month inflation expectations increase
Median expectations for inflation rose to 4% in September from 3.5% in August
Indonesia and Singapore renew bilateral liquidity lines
MAS and Bank Indonesia also renew bilateral repo agreement
Digital yuan used to settle crude oil trade
Chinese oil company Petro China reportedly bought one million barrels of crude oil in digital yuan
Colombia continues to hold as inflation inches down
The board was divided once more in a 5–2 vote
Hong Kong and Thailand to set up cross-border payments link
New QR code payment link is the latest addition to similar initiatives in the region
MAS tests upgraded unified QR code system
New code could allow merchants to accept different QR payment methods more easily
Sam Bankman-Fried takes the stand in wire fraud trial
FTX head says he doesn’t know how $9 billion in funds disappeared
SNB cuts interest payments amid losses
Swiss central bank lost over Sfr12 billion in Q3
Court grants Evergrande five more weeks to avert liquidation
Hong Kong court gives Chinese developer until December 4 to revise restructuring plan
World Bank issues first digital bonds on Euroclear’s platform
Distributed ledger technology has potential to improve securities processing
Costa Rica and Paraguay whittle away at rates
Both countries make 25bp cuts as inflation falls
Turkey continues rate increases for fifth straight month
Central bank wants Turkey on a ‘disinflation course’ in 2024
US Treasury division proposes crypto mixer regulation
Proposals target terrorism financing after Office of Foreign Assets Control sanctions Hamas
Eurozone budget deficit declined in 2022
Government imbalances declined to 3.6% of GDP from 5.2% in 2021
Bangladesh Bank reforms MPC
Move is part of IMF-promoted reforms as Bangladesh adopts interest-rate targeting
Egypt restricts foreign currency credit card payments
The move comes after the central bank restricted debit card use abroad
RBA staff considering industrial action over salary increases
Central bank offered a 11% pay rise over the next three years, but union says it is not enough
Little progress in latest US CPI report
Headline figure was 3.7% in September, unchanged from August, but core inflation fell