The Bank of England has raised the bar in managing the UK financial system and launched ‘system-wide exploratory scenario exercises’ to understand market behaviour. A more profound grasp of market dynamics will enhance public confidence, with other central banks likely to follow suit.
The European Central Bank’s extended reinvestment of bonds acquired under its 2020 pandemic emergency purchase programme is muddying an important debate on reforming Europe’s fiscal rules.
By Meghnad Desai Mortgage misery is becoming widespread and apparent. Yet, politicians and commentators are failing to interpret the long-term message. To expect normality to resume is futile. The time has come to say that this is the new normal.
Exploring debt-for-nature swaps in climate action Tuesday 18 July, Roundtable This roundtable will explore the mechanism of debt swaps for climate and nature, challenges and opportunities for public and private sectors as well as the implications for the global financial system in the face of the climate crisis.
Julien Casulleras, deputy head, IT projects for monetary policy, market operations and payment systems, and Sébastien Claude, internal cloud product owner, Banque de France, discuss the bank’s digitalisation objectives.
Global Public Investor 2023 The role of reserve managers has never been so challenging. The 10th edition of the report explores the pressing considerations and intentions of reserve managers with analysis split across six chapters.
