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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The Central Bank of Chile (BCCH) said it will step up its research into a central bank digital currency (CBDC) in its first report on the subject. The BCCH says it can see fewer problems…
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If one were to imagine the ideal financial supervision system of the future, it would probably look very different from what we have today. Financial institutions would report details of transactions to a central utility,…
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Both of the main components of long-term interest rates matter for monetary policy spillovers, but the effects differ between advanced and emerging economies, a Bank for International Settlements working paper finds. Aaron Mehrotra, Richhild Moessner…
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The issuance of central bank securities by low-income countries may be hindered by administrative costs or the lack of supportive market infrastructure, according to research published by the International Monetary Fund yesterday on May 18.…
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Central banks leverage a wide set of channels to carry out two-way communication with the public, and fielding public enquires through email is the most-used option. In the Communications Benchmarks 2022, all of the 32…
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Malawian auditors have reported that a subsidiary of the country’s central bank lost more than $15 million from mismanagement, according to media reports. The report is the latest scandal to touch the Reserve Bank of…
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The Bank of England needs to do more to overhaul key parts of its operations as some aspects of its work are unnecessarily complex and costly, according to a new report. The National Audit Office…
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The Central Bank of Iceland completed its merger with Iceland’s financial regulator on January 2. The central bank now has responsibility for supervision and macro-prudential policy, as well as its previous monetary policy mandate. “The…
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