The Financial Action Task Force (FATF) has placed Myanmar on its “blacklist” of countries that do not comply with international anti-money-laundering standards. The FATF took the decision to issue what it describes as a “call…
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The Chinese Communist Party (CCP) dropped central bank governor Yi Gang from a ruling body on October 22 and he may now step down. Yi, 64, previously served as an alternate member of the CCP’s…
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The Central Bank of Eswatini has hired German firm Giesecke + Devrient to assist its studies into the feasibility of a central bank digital currency (CBDC). In a joint press release, issued on October 18,…
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The European Central Bank and the People’s Bank of China extended a currency swap deal for another three years on October 10. The swap line is aimed at ensuring euro area banks do not run…
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The president of the Federal Reserve Bank of St Louis, James Bullard, spoke to a closed event hosted by Citigroup, the New York Times reported on October 20. The event took place on October 14…
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The president of the Federal Reserve Bank of Atlanta, Raphael Bostic, admitted on October 14 that he had violated trading and disclosure rules governing equities holdings. Bostic’s statement is the latest in a series of…
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The Brazilian government will nominate former central bank governor Ilan Goldfajn as its candidate for the presidency of the Inter-American Development Bank (IDB), media reports indicate. If put forward, Goldfajn would be one of two…
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From left: Bo Li, Cecilia Skingsley and Vera Songwe at the IMF meetings “As technology moves, we have left shells and gold and copper coins and the like behind us. And we’re now slowly getting…
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Various post-Covid shocks have damaged African economies, including inflation, war and market dysfunction, Central Bank of Kenya governor Patrick Njoroge said in a speech that called for more support from multilateral agencies. Njoroge said huge…
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Maintaining high levels of trust in the central bank is seen as the most important factor in determining whether communications are succeeding. Respondents to the Communications Benchmarks 2022 gave trust the highest score among indicators…
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