Data
The answers to the 2018 Central Banking Christmas quiz
We reveal the answers to the Christmas quiz, and the winner
African countries leveraging data for regtech
IMF paper shows countries are looking at how to use tech to streamline supervision processes
UK lawmakers demand end to inflation index ‘merry-go-round’
UK Statistics Authority called upon to seek permission from finance minister to amend RPI errors
UK economy stumbles as Brexit looms
Quarterly growth slips to 0.2% in final quarter of 2018, and monthly growth turns negative in December; business investment also down
Data overhaul needed to enhance insolvency frameworks – IMF
Paper highlights the importance of data in analysing efficiency of current resolution policies
Central bank of the year: Monetary Authority of Singapore
Singapore’s central bank stands out for its pioneering fintech efforts combined with its consistency of performance in monetary policy, financial stability and supervision
Central Banking Awards: third round goes live
Prizes unveiled for economics, website, risk management, professional services, data and more
Website of the year: Sveriges Riksbank
The Swedish central bank has redesigned and restructured its website to great effect, with users staying longer and engaging with more content
Risk manager: Saudi Arabian Monetary Authority
A multi-year overhaul of the Saudi central bank’s risk architecture has come to fruition, resulting in radical changes in behaviour
Data services: Vizor Software
The Irish tech company has rolled out major updates to pave the way for more agile supervision as its scalable system won major repeat business with Sama and the Bank of England
RBI can remove barriers to micro-credit – Acharya
Central bank looking to solve information problems in a “fundamental way”, says deputy
Currency manager: Bank of Israel
The Israeli central bank is revolutionising the way it manages the country’s banknotes while maintaining security and preparing for the future
Currency innovation: Giesecke+Devrient Currency App
The German company has helped central banks improve their educational outreach to bolster national currency security
Paper proposes ‘re-engineering’ US statistics
System for compiling statistics is dated and overly complex, authors say
Central Banking Awards 2019: first winners announced
Reserve manager, initiative, asset manager, innovation in reserve management, global markets, custody and specialised lending awards unveiled
Custody initiative of the year: Citi
The US financial group used its global presence and technological edge in 2018 to deepen existing relations and obtain new mandates
Initiative of the year: RBNZ’s Financial Strength Dashboard
The Reserve Bank of New Zealand’s Financial Strength Dashboard offers a window into the nation’s banking system
UK lawmakers demand fix for RPI miscalculation
House of Lords says Statistics Authority’s failure to fix error has left many members of public poorer
Google’s data tool has potential for countries with data gaps – IMF research
Authors explore how search queries can be used to track human behaviour, which could be used to map macroeconomic indicators
Angola improves data transparency with new hub
Statistics deemed “critical” by the International Monetary Fund will be published in one place
Fed to expand market data collection efforts
The scope and availability of data must keep up with evolving markets, Lael Brainard says
Bank of England to overhaul consumer interest rate statistics
Changes are designed to ensure the statistics reflect consumers’ experiences “as closely as possible”
FCA survey reveals significant increase in tech failures
Cyber incidents represented 18% of incidents reported to the FCA in year to October, despite firms appearing confident with current systems and processes
Interview: Clair Mills on the meaning of fintech
The Bank of England’s head of change and data management discusses why fintech is so important for a financial sector going into uncharted territory