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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The State Bank of Pakistan Reza Baqir has stepped down as governor of the State Bank of Pakistan (SBP), after the government declined to renew his three-year term. The government has not yet appointed a…
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The Reserve Bank of New Zealand (RBNZ) published the results of its public consultation on the future of cash and central bank digital currency (CBDC) on April 29, finding strong support for cash despite its…
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The global financial crisis sparked a far-ranging overhaul of the international architecture for financial regulation, coupled with a deep reflection around the fitness-for-purpose and effectiveness of supervisory efforts, writes Anne Leslie-Bini. In response to the…
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Emerging market economies (EMEs) can dampen the effects of shocks emanating from US monetary policy if they implement tighter prudential policies, new research published by the Bank of England finds. Andra Coman of the European…
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Market demand for Hong Kong’s second-ever sukuk exceeded the amount on offer by a two-to-one margin, pushing the Islamic debt instrument’s coupon below 2% at a time when global bond markets are witnessing a rise…
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Staff in central bank communications teams earn an average of nearly $40,000 per year, though there are major differences between institutions. Annual salaries ranged from $12,000 to $84,000, data from the Communications Benchmarks 2022 shows.…
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