The People’s Bank of China China’s anti-corruption agencies are investigating a now-dismissed senior central bank official, according to an official statement dated May 19. The statement says the agencies are proceeding against Sun Guofeng – until…
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The Reserve Bank of Australia has reported a A$3.8 billion ($2.8 billion) profit in 2018, up from a $657 million loss in 2017, the annual report of the central bank says. The turnaround in profit…
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The Reserve Bank of Australia is digitising a substantial portion of its archives in an effort to give members of the public better access to the central bank’s records. As part of its quarterly review,…
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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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