The increasing adoption of artificial intelligence (AI) has seen an anticipated parallel rise in calls for AI control, governance and supervision. As a result, industry and regulatory bodies have published several sets of guidelines and…
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New research published by the Bank of Lithuania adds to a growing body of evidence that US monetary policy uncertainty impacts the rest of the world. To explore the effects of US policy uncertainty, Povilas…
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Argentina’s finance minister has said the government is set to open negotiations with international investors and the International Monetary Fund (IMF) over the maturity of its bonds. The sharp depreciation of the peso, following president…
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The decisions made by the Federal Reserve can upend stock markets, but they barely touch US households’ expectations on inflation, job status or personal finance, research published on August 5 finds. Policy decisions only appear to…
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A special anti-money laundering police unit conducted a search of the Central Bank of Paraguay (BCP) on July 13. Reports in Paraguayan media suggest the search was the first in the central bank’s history. The…
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Sveriges Riksbank’ general council proposed transferring Skr6.8 billion ($820 million) to the Swedish Treasury today (February 15). This year’s transfer is 28.3% larger than last year. Back then, the institution proposed transferring the government Skr5.3…
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The UK’s Financial Conduct Authority is consulting on whether to shift certain decision-making responsibilities away from one of its senior committees. Currently, the regulatory decisions committee (RDC) takes several decisions on behalf of the FCA. But…
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Georgia: Nikoloz Gagua took office as vice-governor at the National Bank of Georgia on August 2. He leads the securities market supervision function. Gagua was previously deputy minister of finance. He has worked as head…
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Federal Reserve board member Christopher Waller said on August 5 that he sees no immediate need for a US central bank digital currency (CBDC). He told the American Enterprise Institute that he is “not convinced……
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The growing use of opaque artificial intelligence (AI)-driven methods by banks is creating a problem for regulators, Benoît Cœuré said today (August 19). The head of the Bank for International Settlements’ innovation hub said a…
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