Central Bank Announcements
The Basel Committee on Banking Supervision has published today updated Pillar 3 disclosure requirements. These requirements, together with the updates published in January 2015 and March 2017, complete the Pillar 3 framework.
The Copom unanimously decided to maintain the Selic rate at 6.50% p.a. Recent data on economic activity continue to indicate gradual recovery of the Brazilian economy. The global outlook remains challenging for emerging economies: The main risks are associated with an increase in risk aversion in global financial markets, with normalization of interest rates in some advanced economies, and with uncertainty regarding global trade.
The South African Reserve Bank (SARB) embarked on a public consultation process on 30 August 2018 to solicit input on proposals for the reform of key interest rate benchmarks used in South Africa. The ‘Consultation paper on selected interest rate benchmarks in South Africa’ (Consultation Paper) was open for public comment until 30 November 2018.
The Reserve Bank of New Zealand has appointed Patrick Hoerler to its Senior Leadership Team – as Assistant Governor and General Manager of Business Operations.
Warwick Business School and the Bank of England are partnering to launch a new online postgraduate programme, the MSc Global Central Banking and Financial Regulation.
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent, and the deposit rate is 1 ½ per cent.
Some 300 central bankers and banking supervisors representing more than 80 jurisdictions met this week in Abu Dhabi, United Arab Emirates, to discuss a range of policy and supervisory topics.
The Bank of Canada will assess a broad range of monetary policy frameworks ahead of the renewal in 2021 of the inflation-control agreement, a joint agreement between the federal government and the Bank that is renewed every five years
Welcome remarks by Mr Benoît Cœuré, Chair of the Committee on Payments and Market Infrastructures (CPMI) and Member of the Executive Board of the European Central Bank, at the Economics of Payments IX conference, Basel, 15 November 2018
The Bank of Canada (BoC), Bank of England (BoE) and the Monetary Authority of Singapore (MAS) have jointly published a report assessing alternative models that could enhance cross-border payments and settlements.
Speech by Dr Jens Weidmann, President of the Deutsche Bundesbank and Chairman of the Board of Directors of the Bank for International Settlements, at the European Banking Congress, Frankfurt am Main,
The challenge with financial stability is how to maintain a strong, resilient and efficient financial system in the face of changing and emerging risks said Deputy Governor and Head of Financial Stability Geoff Bascand in Sydney today.
Canada Revenue Agency (CRA) officials participated in a five-nation challenge to optimize international coordination against tax evasion.
Ten years on from the crisis, central banks’ basic mission has not fundamentally altered.
There are both upside and downside risks to our growth and inflation projections. As always, the timing and direction of any future OCR move remains data dependent.
It can be a challenge for central banks to reconcile their views of the economy with signals from financial markets, but the effort is worthwhile, Bank of Canada Governor Stephen S. Poloz said in a speech
The European Banking Authority (EBA) today announced the results of the EU-wide stress test of 48 European banks, including DNB Bank ASA. The stress test scenarios represent a serious economic setback and cover the period 2018 to 2020.
During his speech this morning, the Governor of the Bank of England announced the details of the Bank’s annual Future Forum.
The U.S. economic expansion, now in its 10th year, is marked by strong growth in the gross domestic product (GDP) and a job market that has been surprising on the upside for nearly two years.
Today the Basel Committee on Banking Supervision issued the Fifteenth progress report on adoption of the Basel regulatory framework.