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…
Read More
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…
Read More
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…
Read More
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…
Read More
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…
Read More
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…
Read More
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,…
Read More
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…
Read More
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…
Read More
A working paper published yesterday by the Bank for International Settlements (BIS) proposes a new method for governments to defend their finances from self-fulfilling market panics. Author Anna Zabai proposes linking government borrowing to the…
Read More