Michael Barr, the nominee as vice-chair for supervision at the US Federal Reserve, has said he plans to examine capital and liquidity regulation as a complete picture, rather than piecemeal. “What I’d like to do…
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The Bank of Israel published the results of its public consultation on the digital shekel, saying respondents warned there was a risk of arbitrage if the digital currency is interest-bearing. The survey also found people…
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Financial supervisors stand to gain from technological innovations but would benefit from a clear strategy on putting innovations to work, according to a paper published by the Basel-based Financial Stability Institute. Dirk Broeders and Jeremy…
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The increasing efficiency of global financial transactions due to new forms of fintech may mean there is a stronger case for using capital controls, the International Monetary Fund said on May 10. IMF managing director…
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Central Bank of Argentina After a New York judge blocked Citigroup from distributing interest payments on Argentina’s sovereign debt last week, the central bank is looking for other international banks to aid the country’s return…
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Central banks communicate more via social media, such as Twitter, YouTube, Facebook, LinkedIn and Instagram, than they do via traditional channels, according to Communications Benchmarks 2022 data. Central banks use social media channels on average…
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Ballooning budget deficits and mounting fiscal debt exacerbated by the Covid-19 pandemic is putting central banks under pressure to monetise government debt – in one form or another. The South African Reserve Bank (Sarb) became…
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The Bank of Canada has become one of the only central banks to release its staff projections, which are now published on a digital database launched on November 1. The database holds over 30 years…
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The Bank of England is able to produce “outstanding” research and analysis, but issues remain in the ways that research projects and staff are governed, an independent review finds. “Our evaluation has found good evidence that…
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The lower house of the Polish parliament confirmed Adam Glapiński to a second six-year term as central bank governor on May 12. Glapiński won narrowly after his candidacy faced sharp criticism in the chamber, with…
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