Daily processes large and small have seen a drastic shift of emphasis towards increased automation as evolving technology has permeated every aspect of people’s lives. Lars Schröder, senior engagement manager at SkySparc, explores the impact…
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The Federal Reserve has cut rates for the second time in less than two weeks, in an unexpected move to calm markets alongside co-ordinated action from central banks worldwide. In a statement today (March 15),…
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Risk premia for corporate bonds differ according to country of origin, researchers say The European sovereign debt crisis has “reversed the process of financial integration” in the eurozone, a working paper published by the Banque…
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The vice-chair of the Federal Reserve Board, Richard Clarida, has dismissed fears that US inflation rates would run out of control. Speaking to the Institute of International Finance on October 12, Clarida said “stagflation is…
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Robert Kaplan, president of the Federal Reserve Bank of Dallas, announced on September 27 he would leave office on October 8. Kaplan had faced criticism since it was revealed early in September that he held…
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Work is under way to create a regional know-your-customer (KYC) framework within the South Pacific in an attempt to halt the decline of cross-border banking services. In December 2019, governors from South Pacific central banks…
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It would be a “game changer” if the Federal Reserve joined the Network for Greening the Financial System, the head of the group’s secretariat said. Speaking at Central Banking’s Climate Risk event today (December…
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Conakry, capital of Guinea Guinea’s military government removed the governor and deputy governors of the Central Bank of the Republic of Guinea (BCRG) on December 7 and appointed new management, Guinean media reports. The president,…
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Bank for International Settlements, Basel The consortium behind Project Jura successfully settled a “real-life” transfer of securities and cash between France and Switzerland in November. The group – which includes the Bank for International Settlements,…
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Some regulatory authorities considerably increased their use of supervisory technology, or “suptech”, a new Financial Stability Institute survey finds. Prior to the pandemic, regulatory authorities had made relatively limited use of suptech for prudential…
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