Bank for International Settlements
Sejko: Empowering internal audit for stability, governance
Mr Gent Sejko, Governor of the Bank of Albania, emphasized the strategic importance of internal audit for financial stability and good governance.
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Greek insurance market faces climate, digital, regulatory tests
Bank of Greece Governor Yannis Stournaras outlined key challenges for the Greek insurance market, including climate change, digital transformation, and new regulatory frameworks.
Gupta: India's states drive national economic prosperity
Reserve Bank of India Deputy Governor Poonam Gupta highlighted India's accelerating economic growth and macroeconomic stability.
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Banking regulation fuels sovereign debt gambling
A new working paper from the Federal Reserve Bank of Philadelphia argues that banking regulation, by designating domestic government debt as safe despite its risk, induces banks to gamble with depositors' funds.
Policy rate hikes raise loan loss rates by 0.1 percentage points
A new Bank for International Settlements working paper finds that a 1 percentage point increase in policy rates raises loan loss rates by 0.1 percentage points.
Mnisi: Eswatini committed to financial integrity
Phil Mnisi, Governor of the Central Bank of Eswatini, addressed ambassadors on the nation's commitment to financial integrity.
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Norges Bank raises policy rate to 4.25 percent
Norges Bank has raised its policy rate by 25 basis points to 4.25 percent.
BIS Board elects Panetta Chair, names key group leaders
The Bank for International Settlements (BIS) Board of Directors has elected Fabio Panetta, Governor of the Bank of Italy, as its new Chair.
Escrivá: Trust anchors finance in fragmented, tech-driven world
José Luis Escrivá, Governor of the Bank of Spain, emphasized the critical role of trust in a global order reshaped by geoeconomic fragmentation and technological change.
Nagel: German economy faces structural growth challenges
Bundesbank President Joachim Nagel outlined the significant structural challenges facing the German economy.
Villeroy de Galhau: Monetary policy faces three challenges
Banque de France Governor François Villeroy de Galhau reflected on a turbulent decade of monetary policy, outlining three key challenges to central bank mandates, instruments, and independence.
Sri Lanka crisis: Building buffers for future shocks
Dr Chandranath Amarasekara, Deputy Governor of the Central Bank of Sri Lanka, discussed lessons from the country's 2022 economic crisis.