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US citizen pleads guilty to selling technology to Iranian central bank

US citizen pleads guilty to selling technology to Iranian central bank

A US and Iranian dual citizen has pleaded guilty in a US federal court to selling technology to the Central Bank of Iran. Kambiz Attar Kashani is facing up to 20 years in prison and…

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IMF calls for ‘modified pari passu clauses’ in new international sovereign bonds

IMF calls for ‘modified pari passu clauses’ in new international sovereign bonds

IMF calls for ‘modified pari passu clauses’ in new international sovereign bonds – Central Banking IMF cites Argentine litigation The International Monetary Fund’s executive board has thrown its support behind a staff proposal to overhaul…

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Campos Neto says ‘worst of the inflation’ has passed

Campos Neto says ‘worst of the inflation’ has passed

The governor of the Central Bank of Brazil said on June 27 that “the worst of the inflation has now passed” in his country. Speaking as part of a conference panel at the University of…

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Central banks activate contingency plans amid Covid-19 pandemic

Central banks activate contingency plans amid Covid-19 pandemic

In addition to increasing liquidity provisions and interest rate moves, central banks and regulators are doing their utmost to protect their staff during the coronavirus outbreak. Across the globe, central banks have deployed a series…

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BIS balance sheet buffeted by market turbulence

BIS balance sheet buffeted by market turbulence

Like other financial institutions, the Bank for International Settlements has faced a challenging few months due to the turbulence in global financial markets. Its annual accounts, published today (June 26), show its balance sheet contracted…

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Central banks report sharp improvement in data governance

Central banks report sharp improvement in data governance

Data governance at central banks appears to be improving, with a significant increase in institutions reporting to have it in place over the past year. For the first time, the majority of central banks responding to…

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Former RBNZ official questions board pick

Former RBNZ official questions board pick

Reserve Bank of New Zealand, Wellington A former senior official at the Reserve Bank of New Zealand has questioned the appointment of a member of the bank’s newly empowered board. Michael Reddell, a former special…

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Japan and Soramitsu to conduct Asia-Pacific CBDC studies

Japan and Soramitsu to conduct Asia-Pacific CBDC studies

Japanese fintech Soramitsu and the Japanese Ministry of Economic Trade and Industry will conduct a feasibility study on introducing a central bank digital currency (CBDC) across the Asia-Pacific region. The project, announced on June 21,…

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Is this the beginning of a new era of credit risk management technology?

Is this the beginning of a new era of credit risk management technology?

Is this the beginning of a new era of credit risk management technology? – Central Banking Sponsored by: ? This article was paid for by a contributing third party. The panel Marko Škreb, Former governor, Croatian…

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Carney: digital currency could help fix global monetary system

Carney: digital currency could help fix global monetary system

A form of global digital currency could be the answer to the destabilising dominance of the US dollar in today’s global monetary system, Mark Carney said in remarks at the Jackson Hole symposium. The Bank…

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