Governance
Rise of renminbi prompts central banks to open Asian offices
A total of nine central banks now have offices in Asia, but New York remains city of choice
Polish governor faces rising political criticism over staff salaries
Governor criticised by deputy prime minister over refusal to confirm staff payment levels
Turkish central bank to hold extraordinary general meeting
January meeting likely to see early profit distribution to government, ahead of local elections
New governor starts work at Belgian central bank
Former vice-governor Pierre Wunsch is backed by centre-right Francophone party
EU legal officer says Latvian government wrongly barred governor
Authorities provided no evidence to back claims governor acted corruptly, advocate general says
2018: The year in review
The past year marked a return to instability, but also saw some innovations among central banks
Slovenian lawmakers appoint new governor
New appointee inherits acrimonious dispute between central bank and government over bail-in
Auditors call for BoE to do more to modernise working practices
Complex, outdated and overly manual processes are adding to costs, says report
RBNZ launches charter in bid to improve relations with banks
Relationship Charter designed to ensure institutions follow appropriate conduct
Slovenian government struggles to appoint new governor
Lawmakers due to vote on nominee after governor retired citing threats and pressure over bail-in
Brazil to provide more information on policy decisions from 2019
Central bank holds key Selic rate at 6.5% on volatile financial markets and stable inflation
Book notes: Macroprudential policy and practice, edited by Paul Mizen, Margarita Rubio and Philip Turner
An important overview of the current state of thinking about macro-prudential policy, but uncertainties remain about the current allocation of financial stability responsibilities
Slovak governor resigns early as politicians express interest in job
Three candidates from governing party may consider taking over as governor, local media says
Demonetisation backer becomes new RBI governor
Former civil servant Shaktikanta Das picked to take over after Urjit Patel’s resignation
Indian governor resigns after conflict with government
Patel quits after threatening to resign over BJP’s attempts to use reserves
Bank of England official urges buy-side firms to adopt global FX code
BoE markets director says uptake from the buy side has been slower than that of banks
South African central bank launches review of payment system
Sarb says its regulatory mandate needs more clarity and calls for more powers over fintech
Fintech poses “serious” challenge to governance, says former PBoC deputy
Li Dongrong warns of fintech spillover risks, regulatory arbitrage and digital divide; dismisses PBoC use of ‘untested’ blockchain
Bank of Russia deputy governor accused of mafia and spy links steps down
Putin ally Aleksandr Torshin alleged to have meddled in Spanish money-laundering and US elections
Head of Polish financial regulator arrested on corruption charges
Central bank governor still has PM’s confidence after defending accused regulator – senior official
Staff from Australian central bank subsidiary convicted of bribery
RBA officials oversaw boards while crimes committed
Incoming Mexican president nominates close adviser as deputy governor
Left-wing economist has publicly defended central bank independence
FCA survey reveals significant increase in tech failures
Cyber incidents represented 18% of incidents reported to the FCA in year to October, despite firms appearing confident with current systems and processes
FSB highlights more work to do on global reforms
Documents released ahead of G20 argue for additional efforts in several areas