While it is tempting to say Russia’s assets should be seized as reparations for the destruction it has inflicted on Ukraine, doing so without agreement from Russia as part of a comprehensive treaty to end hostilities would be viewed by Moscow as theft and sink the West to Russia’s level of banditry.
The US and Europe disagree over whether Russian assets should be seized and transferred to Ukraine. It’s time for Europe to toughen up and join the US.
Randal Quarles, former vice chair of the Federal Reserve Board of Governors and former chair of the Financial Stability Board, discusses the March Federal Open Market Committee meeting outcomes.
Monique Newiak, deputy unit chief, inclusion and gender, and Mariarosaria Comunale, economist at the International Monetary Fund, discuss gender balance in financial institutions.
This year’s annual features contributions from DMI members on the theme of interoperability, its value and the challenges of delivering it, emphasising a growing need to incorporate interoperability in financial systems.
