The Central Bank of the United Arab Emirates is preparing to gain new powers over insurance, as part of the government’s ambition to make it one of the top 10 central banks globally. The central bank…
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Charles Randall, chair of the FCA UK: The chairman of the UK’s Financial Conduct Authority and Payment Systems Regulator has announced he will step down early from both roles in the spring of 2022. Charles…
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Central bank digital currency networks should look to use “carbon neutral or sustainable energy sources”, according to a report from the Group of Seven. On October 13, G7 finance ministries and central banks published 13…
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The Bank of Canada is working with MindBridge, an artificial intelligence analytics firm, in the hope of finding new ways to detect payments fraud. MindBridge was chosen to take on the “challenge” in the next…
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The eurozone took a key step towards enlargement in July. At the request of the Bulgarian and Croatian authorities, the lev and the kuna were included in the Exchange Rate Mechanism II, a key prerequisite…
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The governor of the Central Bank of Barbados, Cleviston Haynes, was criticised for his assessment of the economy’s tourism sector by a government minister on February 14. Haynes said growth in the tourism sector had…
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The Central Bank of Barbados has closed its offices until April 16 following a volcanic eruption on the nearby island on St Vincent and the Grenadines. In a statement, the CBB announced “in-person” business operations…
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The Reserve Bank of New Zealand Christian Hawkesby will become deputy governor of the Reserve Bank of New Zealand from January 2022, the central bank announced on October 6. The RBNZ announced two days later…
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The Bank of the Lao PDR is partnering with Japanese blockchain provider Soramitsu to explore the potential of a central bank digital currency (CBDC). The study is set to begin as early as this month,…
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The Bank for International Settlements’ third innovation hub is to focus on the creation of digital identities and a platform to link central banks and regtech providers. The hub centre launched today (November 13) on…
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