Governance
Kazakhstan’s president announces changes to powerful wealth fund
National unrest leads to changes at SWF that owns an estimated 40% of GDP
Sri Lanka raises rates as food prices rise sharply
Governor says country does not need IMF aid despite minister warning of potential energy blackout
IMF warns El Salvador on crypto
Executive board recommends “removing bitcoin’s legal tender status”
Two-thirds of central banks have a centralised risk unit
Central banks with a centralised risk unit tend to use KRIs
Long-serving Bank of Uganda governor dies
Emmanuel Tumusiime-Mutebile sometimes courted controversy, but he also worked hard to defend the central bank’s autonomy
Turkish MPC holds rates after sharp inflation rise
Central bank announces $5 billion UAE swaps deal as Erdoğan seeks currency from Turkish allies
Chilean governor leaves central bank to become finance minister
Mario Marcel led central bank through period of social unrest and Covid-19 pandemic
Mozambique’s government owes central bank over $600 million – auditors
Auditors say government is obliged to compensate central bank over forex movements
Brazil central bank employees join strike action
Public sector workers walked out on January 18 to protest refusal to increase pay
Pakistan’s central bank asks government to rethink Afghan scheme
Channelling donations to Afghanistan might violate international regulations, central bank warns
ECB criticises Polish law on cash use
Frank Elderson says law “may not be in public interest” and says government failed to consult ECB
Norges Bank appointment process stirs debate on independence
Nato chief and former prime minister Jens Stoltenberg is proving a controversial governor candidate
First deputy governor to leave Russian central bank
Bank of Russia appoints new officials in first major change to senior leadership in three years
Over half of central banks have a chief risk officer
Most have a risk management committee
Fed chair makes case for renomination
Powell needs 50 votes and may need at least three Republicans to side with his reappointment
People: BIS names chair; IMF appoints chief economist
De Galhau to chair BIS top governance body; international macroeconomist to lead IMF research; Bank Negara Malaysia appoints MPC member
Biden nominates three to Fed board
Republican senator signals likely opposition to president’s pick for top supervisor
Croatian central bank denies allegations against governor
Financial supervisor is investigating media claims of insider dealing by central bank staff
ISO 31000, COSO-ERM are influential risk management approaches
IOWRG, Basel and NIST also used by central banks
RBNZ deputy governor leaves early over “breach of protocol”
Bascand talked about management restructuring with outside party
South Sudan central bank announces sharp fall in inflation rate
IMF credits exchange rate reforms with taming prices, while central bank cuts interest rates
Lebanese PM denies shielding governor
Mikati denies claims he threatened to resign over investigation into Salameh
Benoît Cœuré to lead French competition authority
BIS Innovation Hub chief and former ECB executive set to return to Paris
DRC central bank cuts benchmark rate by 100 basis points
Central African giant continues loosening monetary policy amid growth and steady inflation