Entries for 'Central Banks'
June 17, 2022
The Institute of International Finance welcomes the opportunity to respond to the European Commission questionnaire on a potential euro-denominated central bank digital currency (CBDC). We commend the EC for taking this step forward in considering this momentous issue.
June 8, 2022
This paper highlights why sanctions on Russia should not be considered static. Rather, they are a "moving target" requiring regular adjustments as their consequences play out and countermeasures are taken. Importantly, we have also yet to reach the top rung of the escalation ladder. Western allies could take additional steps in the coming weeks and months to keep up pressure on the Russian government.
May 23, 2022
The IIF has made a submission to the U.S. Federal Reserve Board of Governors responding to its discussion paper, Money and Payments: The U.S. Dollar i...
February 28, 2022
This paper will systematically look at additional sanctions that have been or could be imposed on Russia in several key areas: global payments systems, access to the U.S. Dollar, sovereign debt, hydrocarbon exports, and export controls. Equally important, it will not only analyze the effects of these latest sanctions on the Russian economy but also the broader implications for international financial markets. For example, one of the biggest impacts on the global economy is likely to be on trade. While details on how the new sanctions affect energy are still emerging, we do know that sanctions on its central bank will make it more difficult for Russia to export energy and other commodities. As a result, we may see commodity prices surge.
May 19, 2021
Could a Chinese CBDC displace the dollar as the global reserve currency, undermine the U.S. sanctions regime or provide the Chinese government with the ability to increase surveillance on citizens?
October 23, 2020
The IIF Regulatory Affairs Department is pleased to share a comprehensive summary of the key regulatory and policy discussions that took place during the IIF’s 2020 Annual Membership Meeting.
July 10, 2020
On June 30th, the IIF hosted our first ever event dedicated to central banking - Central Banking in the Age of COVID-19. This week's episode of The Big Questions recaps some of the most interesting moments.
June 11, 2020
New survey finds over half of the reserves managers surveyed have joined international networks for ESG or plan to increase their exposure to ESG assets, with many considering adopting formal ESG strategies or goals.
June 10, 2020
IIF President and CEO, Tim Adams, joins The Big Questions again this week, for a conversation with Ravi Menon, Managing Director of the Monetary Authority of Singapore and as Tim descrbes him - "one of the most recognizable thought leaders of central banking and finance in the 21st century." The two discuss the impact of the COVID-19 in Singapore, the associated risks, and policy responses.
June 1, 2020
Philip Lane, Chief Economist, European Central Bank, spoke with Tim Adams, IIF President and CEO, at the IIF's virtual European Conference on Tuesday, May 26th.
April 2, 2020
The April U.S. Regulatory Update covers U.S. regulators’ responses to COVID-19, the CARES Act, the recent FSOC meeting, the Fed’s stress capital buffer and CCAR announcements, and more.
March 30, 2020
This short briefing note analyzes the recent Bank of Canada and Bank of England discussion papers on potential Central Bank Digital Currencies.
March 26, 2020
The U.S. Federal Reserve and the Federal Government have begun to implement a series of policy measures to address the economic and financial fallout of the COVID-19 pandemic, the two grids in this document break out the recent policy responses.
March 22, 2020
The IIF outlines 5 key policy tools that international economic policymakers should be striving to use, now. No one action can turn the tide against COVID-19, but international coordination will prove crucial to limiting the damage.
March 2, 2020
Given the global nature of the climate change agenda, global leadership is essential to encourage the development of well-aligned and considered regulatory and supervisory frameworks across jurisdictions. However, there are already signs of fragmentation in several policy areas.
February 18, 2020
As part of our new line of sustainability-themed research, we are launching a series of short "back-to-basics" notes, aiming to bring some clarity to the complex ecosystem of climate data, risk assessment methodologies, taxonomy and reporting. Our Sustainable Finance Pyramid sets out a framework of "building blocks" for the assessment of climate-related risks—and opportunities. This toolkit supports effective disclosure—vital for regulators, policymakers and investors.
February 6, 2020
The February U.S. Regulatory Update covers the Federal Reserve’s new proposed supervisory approach, the revised Volcker Rule covered funds proposal, the 2019 Financial Stability Oversight Council report, and more, along with Congressional updates and hearings summaries.
December 16, 2019
A letter from the IIF SFWG to the NGFS regarding climate risk analysis and measurement urging central banks and supervisors to seek alignment on approach.
October 28, 2019
FDIC Chair Jelena McWilliams joins IIF CEO Tim Adams and Brad Carr to discuss the roles for banks and supervisors in enabling innovative solutions for customers and promoting greater financial inclusion.
September 6, 2019
The September U.S. Regulatory Update covers the Fed’s updated stress capital buffer proposal, announcement of a real-time payment system, and September Beige Book, in addition to a preview of Congressional priorities this fall regarding banking, fintech, and anti-money laundering legislation.