Governance
Flug defends Bank of Israel’s role as government economic adviser
Departing governor clashed with executive over public spending priorities
Malaysian central bank to offer $250 million in housing loans
BNM holds internal inquiry into land deal as former prime minister is charged
RBNZ makes major changes to leadership structure
Central bank to be headed by a senior leadership team
UAE government overhauls central bank law
Move is “significant step” to reinforce central bank’s independence, says governor
People: Macedonia appoints two female vice-governors
ECB brings statistics expert from Eurostat; RBNZ creates position of manager communications
Book notes: The bank that lived a little, by Philip Augar
History of British commercial bank Barclays fails to address key questions, writes Michael Taylor
Jamaican finance minister clears a path for central bank independence
Legislative move a “big and important step”, says Bank of Jamaica's governor Brian Wynter
Former Fed chair laments US disarray
“How can you run a democracy when nobody believes in the leadership of the country?”, Paul Volcker asks
Canada’s Sabean on tackling a data governance overhaul
The Bank of Canada has been making “significant investments” in data, says senior director
RBI’s Patel stresses value of ‘preventive vigilance’
Good outcomes more likely when actions subject to scrutiny, governor says
People: NY Fed names new chief information officer
Pamela Chase Dyson to lead tech group; Richard Clarida sworn in; EBA appoints board member
Demetriades says EU-level AML enforcement vital to tackle ‘security risk’
Centralised and credible AML enforcement body needed to complete banking union and protect EU security, says former Eurosystem governor
Trump nominates former Fed economist for board role
Nellie Liang’s nomination may help the Fed guard against potential future downturns
Erdoğan takes control of Turkey’s SWF
Fund was created in 2016 and holds assets of key national companies
Economists call for IMF to become like ‘modern central bank’
Growing demands on the fund require a governance revamp, ‘Geneva report’ argues
People: Lagarde rules out transition to top EU jobs
IMF chief dismisses rumours linking her to upcoming changes in EU leadership positions; Bundesbank appoints executive board members; Thailand picks board member
New Zealand to open next phase of RBNZ act review
Labour government to review case for separating prudential supervision from the central bank
Distributed ledger technology in regulatory reporting
Satisfying regulatory demands can be made cheaper and more straightforward via distributed ledger technology as regulatory reporting has a transformational effect on the regulatory value chain. Maciej Piechocki, Moritz Plenk and Noah Bellon of…
Carney signals ‘willingness’ to stay at BoE
Governor implies he is “willing” to serve another year, though decision falls to Treasury
Clarida confirmed as Fed vice-chair
US Senate approves appointment with 69 votes in favour, 26 against and four abstentions
Israeli PM considers former Argentine head as possible governor
Mario Blejer met with Israeli prime minister and finance minister, local newspaper reports
James Bullard on 2% rates, tariffs and Fed leadership
The president of the Federal Reserve Bank of St Louis speaks about the impact of US trade policies, the disruption to the banking industry from Silicon Valley, shrinking the Fed balance sheet and the potential for agent-based modelling
IMF backs RBI’s Patel in call for full oversight powers
Fund urges Indian authorities to grant the central bank full powers over public sector banks
Central Bank of Myanmar governor reappointed
The 79-year-old junta-era official will lead the central bank until 2023, but some observers see him as an obstacle to change