News
People: Portugal’s central bank appoints new deputy governors
Portuguese board also gains two new members; economist joins RBI board
Renminbi ‘crucial’ for reserve managers – Isabelle Strauss-Kahn
Central banks must consider how Chinese currency fits into reserves - World Bank expert
Brexit brings inflationary risks, Carney says
“Continued erosion of slack” is putting pressure on MPC, governor says
Rising debt threatens Swedish stability – deputy governor
Ohlsson welcomes higher growth, but says inflation must rise sustainably
All central banks may have to consider crypto-currencies – BIS
BIS economists examine the case of central banks issuing own digital currency
Brexit makes regulatory arbitrage more relevant, Nouy says
Policy-makers should rely more on regulations and less on directives, ECB supervisor says
Spanish ex-governor will not face charges over Bankia case
Former IMF managing director will face charges over collapse of Spanish commercial bank
BIS study flags ‘missing debt’ as exuberance spreads
Strong macroeconomic backdrop is encouraging risks to grow, BIS warns
Ugandan stress tests reveal banking sector vulnerabilities
Banking sector could face loss of $140 million if three largest banks default
National curbs hit budding pan-EU settlement market
Restrictions on primary dealers undermine T2S efficiencies, market sources say
HKMA eyes infrastructure investments in Belt and Road initiative
Hong Kong’s central bank plans to invest reserves to help meet Asia's $1.7 trillion annual infrastructure need
Banks improve governance on Fed stress test feedback
Dual reviews of stress testing models and scenarios becoming the norm
Russian governor accuses failed bank owners of dishonesty
Owners of systemically important bank manipulated bond market, Elvira Nabiullina says
Turkey keeps rates unchanged on high inflation
Central bank says tight stance will remain until prices approach 5% target
PBoC research head defends ICO ban
Central bank official stresses ban on ICOs will not hinder research on blockchain
Bank Indonesia targets fintech firms with new anti-money laundering rules
New regulation applicable to non-bank financial services, money changers and fintech firms
Leading asset manager warns policy normalisation ‘may never occur’
Northern Trust believes monetary policy is unlikely to revert to pre-crisis levels
Falling Swiss franc boosts inflation but SNB policy is unchanged
SNB revises down GDP growth forecasts and warns franc “remains highly valued”
Hawkish signs appear in BoE’s latest communication
Committee still split 7–2 in favour of keeping policy on hold
Only 30% probability of eurozone inflation hitting target in next year, paper says
Italian researchers present composite index based on 15 indicators of price dynamics
Denmark central bank issues warning as economy heats up
National Bank of Denmark says labour market is tight and economy may be close to overheating
Swaziland central bank needs macro-prudential powers – IMF
Fund urges authorities to fast-track reform to give central bank financial stability mandate
People: Fijian interim governor appointed permanently, Azerbaijan deputy leaves
Fiji’s Ariff Ali appointed on permanent basis; Azerbaijan deputy steps down; Bank of England retains PRC members; and more
Bank of Spain was one of toughest pre-crisis regulators, report argues
But counter-cyclical provisions were not high enough to cope with crises, Bank of Spain says