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Turkish central bank to hold extraordinary general meeting

Turkish central bank to hold extraordinary general meeting

The Central Bank of the Republic of Turkey (CBRT) is to hold an extraordinary general meeting on January 18, allowing it to make an early distribution of profits to the government. The central bank made…

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BoE seeks partner to build public cloud environment

BoE seeks partner to build public cloud environment

The Bank of England is looking for a partner to help it design and build the systems needed to allow staff to tap into public cloud services. The BoE says it wants to tap into…

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Azerbaijan appoints new governor after dismissing predecessor

Azerbaijan appoints new governor after dismissing predecessor

The Central Bank of the Republic of Azerbaijan Azerbaijan’s president appointed a new central bank governor today (April 13), one day after the departure of the man who held the job for 27 years. Official…

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BoJ’s Uchida outlines phase two of CBDC experiments

BoJ’s Uchida outlines phase two of CBDC experiments

Shinichi Uchida, executive director at the Bank of Japan, outlined the next phase of work on the country’s prospective central bank digital currency (CBDC) on April 13.  Earlier in April, the central bank started phase…

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Distributed ledger technology in regulatory reporting

Distributed ledger technology in regulatory reporting

Satisfying regulatory demands can be made cheaper and more straightforward via distributed ledger technology as regulatory reporting has a transformational effect on the regulatory value chain. Maciej Piechocki, Moritz Plenk and Noah Bellon of BearingPoint discuss the challenges…

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Tackling ‘dead-end’ monetary policy – Central Banking

Tackling ‘dead-end’ monetary policy – Central Banking

A 1% inflation target should not be feared The current monetary policy challenge could be defined as follows: if we accept, as central bankers do, that inflation – which now stands at around 1.0–1.5%, ie,…

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Chinese finance minister Lou Jiwei on local government debt and tax reform

Chinese finance minister Lou Jiwei on local government debt and tax reform

The screening of local government debt is currently in progress. Are you worried that the revealed scale of the issue will escalate, so creating a local debt crisis? The problem of local government debt is…

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Fed’s asset selloff may start in May, Brainard says

Fed’s asset selloff may start in May, Brainard says

Federal Reserve board member Lael Brainard said on April 5 that Fed policy-makers could start shrinking its balance sheet “at a rapid pace” from May. Brainard declared that “it is of paramount importance to get…

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Presidential ally obtained funds from Zimbabwe central bank

Presidential ally obtained funds from Zimbabwe central bank

An investigation by a US-based foundation says Zimbabwean authorities, including the central bank, gave hundreds of millions of US dollars to a politically connected businessperson. The Sentry, a Washington-based investigative foundation, reported that Zimbabwean authorities…

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Turkish central bank makes early payout to government

Turkish central bank makes early payout to government

The Central Bank of the Republic of Turkey The Central Bank of the Republic of Turkey (CBRT) has paid out its profits to the government early, following an extraordinary general meeting held today (January 18).…

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