Central Banking
FCA bolsters investor protection through new campaign
Regulator will become more “assertive and agile” to responding to investment fraud
MAS and RBI to link up payment systems
New linkage will allow for automation of capital controls, say authorities
Fed saved US from even larger pandemic downturn – ECB paper
Unemployment would have risen by 20% more without Fed’s bond buying, researchers find
RBNZ served ‘compliance notice’ after cyber attack
Privacy commissioner concerned by possible “systemic weakness” in central bank’s cyber defences
People: SNB board appoints new member
Former Bank of Jamaica senior official appointed to lead financial services commission; Riksbank appoints acting head of corporate services; and more
Do central banks have enough resources to meet tech challenge?
Accelerating technological evolution, difficulties accessing and retaining technical staff, and limited resources will present growing challenges for central banks in the future
Lebanese central bank audit has not yet started, says outgoing finance minister
Media reports prosecutor probing new prime minister over central bank-backed loans
Kazakhstan hikes main rate as food prices balloon
Government reaches into its non-monetary toolbox to help tackle inflation
Above-target inflation may push Riksbank to taper
Inflation rose from 1.7% in July to 2.4% in August
RBA will not raise rates to cool housing market – Lowe
Governor says central bank is not responsible for fixing structural issues in the housing market
Brazil’s Goldfajn to be IMF western hemisphere chief
Former central bank governor to take post vacated by Alejandro Werner
Strategies for change: central banks’ quest for diversity
Dedicated diversity strategies remain uncommon among central banks, despite growing recognition of the need for better minority representation
Sri Lankan president names political ally to lead central bank
President appoints ex-governor Cabraal to role after predecessor resigns amid growing crisis
Villeroy de Galhau calls for banking union to be completed
French governor proposes creation of common deposit mechanism
BoE’s Hauser mulls future of central bank balance sheets
Balance sheets will be bigger but also more variable, executive director says
Cœuré issues urgent call for CBDC development
Central banks have no time to waste, says BIS official, as crypto and stablecoins threaten disruption
No IMF bias towards ‘excessive austerity’, report finds
But Independent Evaluation Office says fund has been too optimistic in its forecasts
PBoC opens up wealth management to Hong Kong and Macau
China looks to shore up Hong Kong’s status as a financial centre amid concerns over security crackdown
Regional Fed presidents sell equities after media reports
Rosengren and Kaplan divest assets to avoid “even the appearance” of conflict of interest
Somaliland president replaces central bank governor
Ali Ibrahim Jama had led unrecognised state’s central bank since 2018
Hernández de Cos calls for full Basel III implementation
Basel Committee chair says that financial stability depends on adopting reforms
Peru’s central bank doubles rates on higher inflation
MPC says it expects inflation to be temporary and says economy is still weak
Canadian governor outlines next phase of policy
Governor says Bank of Canada will keep asset holdings unchanged in “reinvestment phase”
OCC issues $250 million penalty against Wells Fargo
US regulator says bank has failed to meet commitments on loss mitigation