This year’s Jackson Hole conference revealed the previous consensus that central banks should focus on ‘keeping their own houses in order’ to achieve the best global results may be losing momentum. Bank of England Mark…
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Christine Lagarde, managing director of the IMF Christine Lagarde, IMF managing director, has applauded the issuance of a Mexican bond with new-style collective action clauses that make it harder for holdout creditors to fight restructurings.…
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The Central Bank of Morocco has become the latest regulator to prohibit financial firms it supervises from distributing dividends. In a statement published on May 11, the central bank asked all credit institutions to “suspend”…
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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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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’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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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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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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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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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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