Central Banking
Knot calls for more diversity in financial institutions
DNB head says challenges demand “diverse perspectives” as bank aims for full gender balance by 2028
Central banks should focus on supply risks – Riksbank governor
Thedéen says recent years’ shocks were not demand-driven and neither are today’s geopolitical tensions
IMF director calls for transparency in sovereign debt
Georgieva says opaque financing can contribute to debt crises in emerging economies
Lenders to export-oriented firms may face losses – Danish governor
Nødgaard also recommends that banks improve their cyber defence plans
Fed official: SLR tweaks likely unbundled from Basel III
Complexity of endgame proposals means any leverage ratio changes will probably be proposed separately
Dollar stablecoins would reintroduce credit risk – Cipollone
ECB board member makes renewed case for digital euro, announces collateral management system
Hong Kong and Ireland to ease cross-border investment
Funds domiciled in one jurisdiction can be marketed to the other after regulators sign MoU
Bangladesh Bank moves towards flexible exchange rate
Removal of restrictions part of conditions for securing additional IMF funds
ECB intervention stabilised debt market during Covid – research
Study by bank’s economists says firms found it harder to issue commercial paper later on
NY Fed and BIS explore monetary policy in a tokenised world
Project Pine’s smart contracts are designed so central banks can adapt them to their currencies and frameworks
US has got what it wanted from Basel, say former regulators
Process has been "essentially driven" by US interest, says former Fed vice-chair
Iran to remove four zeroes from its currency
Central bank says measure will come into force later this year as country battles high inflation
RBI reviews closed-system wallets after Blu-Smart’s demise
Users of electric cab company, which halted operations in April, were unable to access funds
German and Spanish governors criticise US policies
Nagel defends Fed independence, while Escrivá cautions against excessive deregulation
Fed researchers call for new definition of ‘unbanked’
Economists support paper’s more nuanced approach, but caution against dropping current terminology
BoE to consult on promoting clearing for gilt repo market
Deputy governor also takes aim at bilateral repo haircuts and cross-CCP netting
Hungary to change central bank law
Amended legislation would increase size of monetary council and ban creation of new foundations
Korean officials argue for stablecoin authorisation body
Central bankers warn of currency substitution and monetary policy risks
BoE’s mandate may be too broad, warns Mervyn King
Former governor chats with Paul Tucker on independence and central banks’ optimal remit
Tariffs already raising US inflation – Fed study
Researchers say trade policies were starting to affect consumer prices in March
Brazil and China agree currency swap line
BCB says it is in talks to establish similar arrangements with other central banks
Iran launches second phase of payments link with Russia
Iranian stores to accept Russian bank cards via mobile app
EBRD outlook turns gloomy after US tariffs
“Not a very happy picture” for world economy, says institution’s chief economist
Ex-BoE official calls for active monetary response to gilt shocks
Clear framework needed to address government bond market volatility, Sushil Wadhwani argues