Governance
Trump advisers aim to curb Fed independence, report says
WSJ says leaked document discusses sacking Powell and giving Trump vote on policy
Governance Benchmarks 2024 report – central banks’ core processes
The benchmarks shed light on central bank profitability and distributions, independence and more
ECB caps remuneration rates for eurozone government deposits
New rate to also apply to non-monetary policy deposits, as ECB shrinks balance sheet
IMF appoints Georgieva for a second term
Unilateral decision comes three years after “Doing Business” controversy
Vietnamese court jails former central bank officials for bribery
State Bank of Vietnam’s ex-senior supervisor avoided death penalty by returning bribes, court says
New Zimbabwe governor introduces ‘gold-backed’ currency
Adoption of sixth new currency in 18 years is “chaotic”, media reports
Cypriot president appoints adviser as central bank governor
New governor was acquitted in 2020 trial over 2013 bank collapse
Nigerian prosecutors bring new charges against Emefiele
Authorities allege that ex-governor illegally allocated $2.1 billion in FX
Polish MPC splits over legal process against governor
Three MPC members call for Glapiński to account for prediction of large NBP surplus
Riksbank asks government for recapitalisation
Governor called for stronger self-financing capacity in January
PBoC chief urges Asian nations to push for IMF quota reform
Pan Gongsheng says a redistribution of quotas at the IMF is long overdue
Polish MPs move to bring Glapiński before tribunal
Government continues efforts to oust NBP governor despite major legal hurdles
South Africa reappoints Kganyago and top executives
Mampho Modise to replace Kuben Naidoo as central bank’s deputy governor
Chinese authorities reshuffle monetary policy committee
Four new members include securities regulator, PBoC deputy governor and two academics
ECB banking supervision staff to move location
All 1,700 supervisory employees to move into Gallileo building by end of 2025
ECB official apologises for ‘reprogramming’ remarks
Elderson tells staff he believes in open debate on environmental matters after outcry
ECB warns Hungarian law could harm central bank’s independence
Bid to expand executive board powers comes amid growing rift between governor and prime minister
BoE has ‘more to do’ after compliance breaches
UK audit office says more than 40% of staff still did not feel free to raise concerns in 2023
Nigerian central bank hikes rates after long delay
Governor’s first MPC meeting announces 400bp rise as street protests over inflation grow
Clare Lombardelli appointed BoE deputy governor
OECD chief economist will take over UK central bank’s monetary policy portfolio
IMF builds new measure of central bank independence
First “entirely new” metric in 30 years seeks to overcome limitations of much-cited paper