Bank of Central African States The president of the ministerial committee that oversees the Bank of Central African States (BEAC) ordered its governor, Abbas Mahamat Tolli, to cease a hiring round for senior management on…
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Hong Kong’s de facto central bank is organising a business competition aimed at promoting research on central bank digital currencies (CBDCs). Banks, fintech companies and tech firms can submit business plans on topics ranging from…
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The UK’s Financial Conduct Authority (FCA) is to examine the merits of establishing a global regulatory sandbox for the testing of financial technology (fintech) and other innovations. “This could potentially allow firms to conduct tests…
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The creation of a vibrant market in SDR linked to commodity prices could create a powerful new monetary anchor, argues Warren Coats by : Source link
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National Palace of El Salvador, San Salvador El Salvador’s legislature ordered the central bank to convert more than $360 million worth of IMF special drawing rights (SDRs) into dollars and transfer these to the finance…
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Central banks that get involved earlier in the policy-making process rate their effectiveness more highly, data from Communications Benchmarks 2022 reveals. Similarly to last year’s benchmark, most officials said their comms teams are involved in…
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Andrew Bailey: chosen in December 2019 to succeed Mark Carney as governor of the BoE Andrew Bailey has been accused of being unfit to lead the Bank of England (BoE) by a high-profile UK activist,…
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The US Federal Reserve is set to face years in which it suffers losses due to the effects of interest rate risk stemming from its hefty asset holdings. The balance sheet peaked at a size…
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The Reserve Bank of India is in the process of updating and overhauling its approach to risk management, the central bank’s 2018–19 annual report shows. Several initiatives are under way. The enterprise risk management department…
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A policeman watches protesters in Maracaibo. A senior English judge ruled that the country’s courts would continue to recognise the Venezuelan opposition’s central bank board. The Venezuelan government’s central bank had asked the English court…
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