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Atlanta Fed tackling commercial banking compliance

Atlanta Fed tackling commercial banking compliance

A recent article by the Atlanta Fed’s ‘Economy Matters’ explores the work Ron Garner and Tony Curtis have been doing to oversee commercial banks for consumer compliance, shedding light on the Fed’s approach to supervision.…

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Swiss central bank defends board structure

Swiss central bank defends board structure

The Swiss National Bank has defended its governing board after an April 2022 NGO report criticised it for lacking differing points of view. SNB spokesperson Claudia Aebersold Szalay, told Central Banking on June 3 that…

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Lesotho appoints new central bank governor

Lesotho appoints new central bank governor

Lesotho’s government announced on June 8 that it had appointed Emmanuel Maluke Letete to a five-year term as the new central bank governor. Letete was a non-executive director on the central bank board between 2015…

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CBDCs could improve energy efficiency of payments – IMF paper

CBDCs could improve energy efficiency of payments – IMF paper

Central banks could improve the energy efficiency of payment systems if they make the right design choices when developing digital currencies, research published by the International Monetary Fund finds. Digital currencies and energy consumption explores…

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Brazil’s central bank launches fintech laboratory

Brazil’s central bank launches fintech laboratory

The Central Bank of Brazil has launched a new platform that will make it easier for emerging fintech companies to test their products before launching to the general public. Structured around a sandbox model, the…

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BoE paper: ‘tails’ matter when studying global financial cycle

BoE paper: ‘tails’ matter when studying global financial cycle

Studying the distribution of exchange rate returns can give a more complete picture of how exchange rate risks vary with the global financial cycle, researchers say in a new Bank of England working paper. Fernando…

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Book notes: Sovereign debt management, by Rosa María Lastra and Lee Buchheit

Book notes: Sovereign debt management, by Rosa María Lastra and Lee Buchheit

Rosa María Lastra and Lee Buchheit, Sovereign debt management, Oxford University Press, 2014, 487+ lvi pages These days, when elections in a southeastern European Union member state and discussions about the best ways to revitalise…

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Communications Benchmarks 2022 – opening new channels

Communications Benchmarks 2022 – opening new channels

View a printable version of this report in PDF format “We rely more on social media,” a central bank in the Americas said of its response to Covid-19. The comment encapsulated a trend that has…

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Interpol cancels red notice for Suriname ex-governor

Interpol cancels red notice for Suriname ex-governor

Interpol has withdrawn a ‘wanted’ notice for Gillmore Hoefdraad, former governor of the Central Bank of Suriname (CBvS), over concerns the charges are unclear and may be politically motivated. Grossman Young & Hammond, a US…

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New York Fed wraps up final sales of crisis portfolio

New York Fed wraps up final sales of crisis portfolio

The Federal Reserve Bank of New York The Federal Reserve Bank of New York has sold the final securities in its Maiden Lane portfolio, created in the wake of Bear Stearns’s near-collapse during the global financial…

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