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Book notes: The political economy of the special relationship, by Jeremy Green

Book notes: The political economy of the special relationship, by Jeremy Green

Jeremy Green, The political economy of the special relationship: Anglo-American development from the gold standard to the financial crisis, Princeton University Press, 2020, 368 pages On the eve of World War I, London’s financial markets…

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Argentina reimposes currency controls as peso plummets

Argentina reimposes currency controls as peso plummets

The Central Bank of Argentina The Argentine government reimposed currency controls on September 1, in a bid to stem capital outflows and the abrupt depreciation of the peso. In a statement, the Central Bank of…

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Why forward guidance needs guidance

Why forward guidance needs guidance

In the years that preceded the financial crisis, central banks around the world were given additional tools to help maintain the stability of the financial system.  Among them was forward guidance – a new communication…

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Riksbank proposes framework to improve parliamentary scrutiny

Riksbank proposes framework to improve parliamentary scrutiny

Sveriges Riksbank published a set of proposals on June 8 designed to improve public scrutiny of its policies. The text – authored by governor Stefan Ingves and deputy head of the general secretariat Pernilla Meyersson…

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ECB profit falls by 30% in 2020

ECB profit falls by 30% in 2020

The European Central Bank profits in 2020 declined by 30% in comparison with 2019, mainly due to lower returns on its US dollar portfolio. The ECB profit fell to €1.6 billion ($1.93 billion), from €2.4…

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FCA to expand UK footprint as part of new strategy

FCA to expand UK footprint as part of new strategy

Regulator’s priorities will include climate risk disclosures and financial sector diversity by : Source link

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UK’s FCA consults on measures to increase boards’ diversity

UK’s FCA consults on measures to increase boards’ diversity

The UK’s Financial Conduct Authority has opened a consultation on measures to increase the ethnic and gender diversity of stock exchange listed firms’ boards, by asking for responses on whether it should mandate such firms…

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DLT handles major transaction volume in digital euro experiment

DLT handles major transaction volume in digital euro experiment

Blockchain technology proved able to process hundreds of thousands of instant transactions in a digital euro experiment carried out by eurozone national central banks. The exercise was part of the preliminary work leading up to…

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The technical foundations of SupTech – Central Banking

The technical foundations of SupTech – Central Banking

Robert Binder, Daniel Kämmerer and Daniel Münch of BearingPoint RegTech explore the architectural principles crucial for successful supervisory technology – or SupTech – applications, and examine the future of regulatory reporting in this context, with the flexibility…

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US spillovers might increase need for UK easing, says Hélène Rey

US spillovers might increase need for UK easing, says Hélène Rey

The Biden administration’s $1.9 trillion stimulus is likely to trigger spillovers worldwide and could strengthen the case for the Bank of England to ease policy further, Hélène Rey said on March 8. Rey, a professor of…

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