Central Banking

Zimbabwean central bank chief slams ‘reckless’ indigenisation

Mon, 20 May 2013 15:44:45 GMT

Gideon Gono asserts his authority over the indigenisation of the country’s banking sector; Standard Chartered still operating despite government threat to withdraw licence

BoE's Tucker sets out priorities for orderly cross-border resolutions

Mon, 20 May 2013 15:33:52 GMT

Central Banking

Paul Tucker examines the many issues facing authorities seeking to wind down failed banks without taxpayer support, including cross-border co-operation and choice of single or multiple entry points

BNM's Zeti calls on Islamic finance to show leadership out of the crisis

Mon, 20 May 2013 13:49:03 GMT

Central Banking

The challenge of sustaining momentum of Islamic finance will hinge on its ability to keep raising the bar in effectiveness and soundness, says Malaysian governor

RBNZ release blueprint for macro-prudential tools

Mon, 20 May 2013 13:41:00 GMT

Central Banking

Central bank outlines decision-making process behind macro-prudential intervention; says there is more room for policymaker judgement than in monetary policy

IMF paper proposes measure of tail-risk events

Mon, 20 May 2013 13:34:15 GMT

Central Banking

Study seeks to quantify what constitutes a systemic financial stress event; tests resulting metrics on 11 early-warning indicators in Europe and US

National Bank of Denmark details FMI implementation progress

Mon, 20 May 2013 11:48:08 GMT

Central Banking

Central bank working with financial market infrastructure providers to ‘interpret and translate’ the CPSS-Iosco principles into a form applicable to Denmark

IMF ‘policy book' tackles Mena central bank challenges

Fri, 17 May 2013 16:58:07 GMT

Central Banking

IMF's monetary and capital markets department analyses operational frameworks of Mena central banks, and obstacles to monetary policy; urges Basel III adoption

Wall Street hoping for Fed reprieve for derivatives desks

Fri, 17 May 2013 16:46:00 GMT

Central Banking

Investment banks fear they will be subject to section 716 of the Dodd-Frank Act unless Federal Reserve gives relief

European bank stress tests will wait for SSM asset quality review in 2014

Fri, 17 May 2013 16:12:00 GMT

Central Banking

European Banking Authority says next round of EU-wide stress testing will be postponed to allow asset quality assessments, which ECB says could kick off in the third quarter this year

BoE’s Weale wary of further easing damaging inflation expectations

Fri, 17 May 2013 16:03:25 GMT

Central Banking

Martin Weale says recent MPC remit change allows committee more freedom to deviate from inflation target, but reiterates need for the Bank of England to retain credibility on inflation

Fed’s Raskin says fiscal policy is holding economy back

Fri, 17 May 2013 15:43:31 GMT

Central Banking

Member of board of governors expects fiscal policy to ‘significantly hinder’ growth this year and remain restrictive going forward, but predicts continued moderate recovery

Italian deputy sees difficulties in macro-prudential policy implementation

Fri, 17 May 2013 15:41:07 GMT

Central Banking

Fabio Panetta discusses ways that macro-prudential policies may be circumvented or rendered ineffectual and suggests possibilities for solving these problems

Fed paper says macro-prudential policy is not a new idea

Fri, 17 May 2013 15:23:53 GMT

Central Banking

Research studies various macro-prudential policies employed in the past, seeking insights for contemporary policy-makers

ECB’s Praet calls for European austerity review

Fri, 17 May 2013 15:22:06 GMT

Central Banking

Executive board member Peter Praet argues that cuts in government investment are damaging long-term economic growth; calls for protection of the vulnerable against tax hikes

Robert Pringle's Viewpoint: Watch what central bankers do, not what they say

Thu, 16 May 2013 23:05:00 GMT

Central Banking

Recent speeches by Ben Bernanke and Mark Carney signal a new phase in the development of central bank rhetoric. The big question is whether they preface a change in policy

Leaked document shows deep IMF concerns about Cyprus bail-out

Thu, 16 May 2013 16:50:00 GMT

Central Banking

IMF approves Cyprus support package but leaked 'internal document' exposes depth of reservations about the plan among the IMF's executive board

IMF gives verdict on unconventional monetary policies

Thu, 16 May 2013 16:41:28 GMT

Central Banking

Report says unconventional policies seem to have delivered benefits, particularly during acute stress, but cautions that estimation is difficult and effects vary based on a host of factors

Caruana tells central banks to focus more on financial stability

Thu, 16 May 2013 15:53:09 GMT

Central Banking

BIS general manager calls for central banks to adopt a 'fully integrated macro-financial perspective' and lengthen policy horizons when financial stability concerns grow

Fed director says rest of world lagging behind on cross-border resolution

Thu, 16 May 2013 15:49:08 GMT

Central Banking

Michael Gibson says US has had its resolution authority in place for years, but slow progress in other jurisdictions is causing delays; FDIC chair says talks with G-Sib host countries are ongoing

Portuguese central bank says austerity has hit long-term economic potential

Thu, 16 May 2013 15:40:56 GMT

Central Banking

Bank of Portugal annual report finds economy has contracted 7.2% since 2010, thanks to pro-cyclical fiscal contraction that 'may have a long-lasting negative impact on potential growth'

BoE research examines links between channels of macro-prudential policy

Thu, 16 May 2013 15:11:02 GMT

Central Banking

Financial stability paper looks at the well-studied allocation channel and the less-studied signalling channel, finding the two to be closely linked

Philadelphia Fed paper investigates price discovery

Thu, 16 May 2013 15:08:28 GMT

Central Banking

Study questions how government support can best help kick-start the process of price discovery in a frozen market

Central Bank of Kenya cracks down on crime

Thu, 16 May 2013 15:06:25 GMT

Central Banking

Report highlights ‘significant progress’ in strengthening defences against money laundering; optimistic about development of banking sector ‘despite 2013 being an election year’

RBNZ gets macro-prudential go-ahead

Thu, 16 May 2013 13:19:20 GMT

Central Banking

New Zealand’s’ central bank tools up with four macro-prudential instruments; analyst says continued growth in house prices could prompt action before year-end

Orphanides lambasts European ‘blunders’

Wed, 15 May 2013 16:52:51 GMT

Central Banking

Former Central Bank of Cyprus governor attacks European authorities for mismanaging sovereign debt crisis; holds communist party responsible for Cypriot bailout