The global financial crisis sparked a far-ranging overhaul of the international architecture for financial regulation, coupled with a deep reflection around the fitness-for-purpose and effectiveness of supervisory efforts, writes Anne Leslie-Bini. In response to the…
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Emerging market economies (EMEs) can dampen the effects of shocks emanating from US monetary policy if they implement tighter prudential policies, new research published by the Bank of England finds. Andra Coman of the European…
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Market demand for Hong Kong’s second-ever sukuk exceeded the amount on offer by a two-to-one margin, pushing the Islamic debt instrument’s coupon below 2% at a time when global bond markets are witnessing a rise…
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Staff in central bank communications teams earn an average of nearly $40,000 per year, though there are major differences between institutions. Annual salaries ranged from $12,000 to $84,000, data from the Communications Benchmarks 2022 shows.…
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Paraguayan legislators are considering amending the central bank law to change provisions on bank secrecy, after clashing with the institution’s board of directors. Several legislative committees met on April 20 to consider the matter. The…
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“Quasi-fiscal policies” undertaken by the Bank of Mongolia (BoM) suffered from weak controls and may have conflicted with other parts of the central bank’s mandate, leading to large losses, a new report finds. Between 2012…
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The number of women working in central banks on average dropped slightly in 2019, according to the most recent data from the Central Banking Directory. Women currently make up 45% of employees at central banks…
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Chicago: The Federal Reserve Bank of Chicago announced on April 21 that its long-serving president, Charles Evans, would retire early next year. Evans has led the Chicago Fed since September 2007. Jerome Powell, Federal Reserve…
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Officials pondered the trade-offs between wholesale and retail central bank digital currencies (CBDC) in a panel during the International Monetary Fund Spring meetings. Overall, the participants welcomed the major progress in digital financial infrastructures over…
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The UK’s Financial Conduct Authority today (August 7) unveiled a global network of regulators that will collaborate on a joint fintech sandbox, among other roles. The Global Financial Innovation Network (GFIN) brings together 12 bodies,…
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