A special anti-money laundering police unit conducted a search of the Central Bank of Paraguay (BCP) on July 13. Reports in Paraguayan media suggest the search was the first in the central bank’s history. The…
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Sveriges Riksbank’ general council proposed transferring Skr6.8 billion ($820 million) to the Swedish Treasury today (February 15). This year’s transfer is 28.3% larger than last year. Back then, the institution proposed transferring the government Skr5.3…
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The UK’s Financial Conduct Authority is consulting on whether to shift certain decision-making responsibilities away from one of its senior committees. Currently, the regulatory decisions committee (RDC) takes several decisions on behalf of the FCA. But…
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Georgia: Nikoloz Gagua took office as vice-governor at the National Bank of Georgia on August 2. He leads the securities market supervision function. Gagua was previously deputy minister of finance. He has worked as head…
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Federal Reserve board member Christopher Waller said on August 5 that he sees no immediate need for a US central bank digital currency (CBDC). He told the American Enterprise Institute that he is “not convinced……
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The growing use of opaque artificial intelligence (AI)-driven methods by banks is creating a problem for regulators, Benoît Cœuré said today (August 19). The head of the Bank for International Settlements’ innovation hub said a…
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Jeremy Green, The political economy of the special relationship: Anglo-American development from the gold standard to the financial crisis, Princeton University Press, 2020, 368 pages On the eve of World War I, London’s financial markets…
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The Central Bank of Argentina The Argentine government reimposed currency controls on September 1, in a bid to stem capital outflows and the abrupt depreciation of the peso. In a statement, the Central Bank of…
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In the years that preceded the financial crisis, central banks around the world were given additional tools to help maintain the stability of the financial system. Among them was forward guidance – a new communication…
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Sveriges Riksbank published a set of proposals on June 8 designed to improve public scrutiny of its policies. The text – authored by governor Stefan Ingves and deputy head of the general secretariat Pernilla Meyersson…
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